POWERMECH Swing Idea

Updated
POWERMECH broke out of parellel channel with weekly close confirmation.

Target of rectangle rpattern is given in chart. It may reach longterm uptrend channel upper line in coming days.

Need to plan trade accordingly with risk management.

Trade closed: target reached
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channelbreakChart PatternsTechnical IndicatorsPOWERMECHrectanglebreakrectanglepatternrectanglepatternbreakoutrectanglepatternssupply_and_demandTrend Analysis

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