Long
Phillips cabron, breakout awaited
Updated
Same as goa carbon, Phillips carbon is also readying for a breakout.
Rounding bottom pattern complete.
This pattern is being formed for 2 years.
So breakout move will be of good intensity.
Increased volumes when stock is consolidating at neckline of the rounding bottom.
Rounding bottom pattern complete.
This pattern is being formed for 2 years.
So breakout move will be of good intensity.
Increased volumes when stock is consolidating at neckline of the rounding bottom.
Trade closed: target reached
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