POWERMECH Swing Idea
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.
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.