This stock hasn't performed for a long time but on the larger time frame and uptrend it has formed a symmetrical triangle. The breakouts from the triangle are usually massive.
On the shorter time frame, I see the formation of an Inverted Head and Shoulder pattern which signifies that a bullish breakout is around the corner.
MACD on the shorter time frame also looks bullish.
Trade active:
Breakout - Retest Done.
Comment:
Target 2 Achieved. Approx 11%
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
