NATCOPHARM - FLAG AND POLE FORMATION IN PROGRESS
Hi All,
This idea is extension of existing idea on Natco Pharma which formed Cup and Handle
Interestingly the price action has formed a FLAG AND POLE formation with price action getting tighter & tighter with shrinking volume.
Flag Breakout may happen anytime soon & till then investor is advised to be patient.
Results are also expected & so market might be waiting for some earnings surprise
Thanks,
Stock-n-Shine
This idea is extension of existing idea on Natco Pharma which formed Cup and Handle
Interestingly the price action has formed a FLAG AND POLE formation with price action getting tighter & tighter with shrinking volume.
Flag Breakout may happen anytime soon & till then investor is advised to be patient.
Results are also expected & so market might be waiting for some earnings surprise
Thanks,
Stock-n-Shine
Trade active
Volatility Contraction at its best5% up move by Natcopharma
Trade active
Perfect, handsome breakout 6% move now
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.