Cup and Handle Pattern in PCJEWELLER

PCJEWELLER is forming a cup and handle patter on the weekly chart along the downward sloping trend line. RSI is also above 50 indicating bulls are in control. We will be watching for the signs of breakout from this line. A successful breakout would have a price target of 45 based on previous support/resistance.
Chart PatternscupandhandlepatternPCJEWELLERTrend AnalysisWeekly Chartsweeklymarketsanalysis

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