#POWERGRID breaking out of a cup and handle
Powergrid is breaking out of a cup and handle pattern. The C&H is one of the most reliable patterns during an uptrend. The stock has been trading above its 200 DMA for several months now and is in a clear uptrend. The breakout is on above average volumes and is added confirmation. Look for a good rally yesterday's low holds
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
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