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pradipandsuvra
Oct 20, 2022 3:23 PM

Route Mobile: Consolidating  

ROUTE MOBILE LTDNSE

Description

Route Mobile:

  • Symmetrical triangle formation (shown as bold green and red lines)
  • The current price is in consolidation zone (shown as the violet color rectangular box).


So one has to wait for the rectagular box breakout with volume at the price level of 1442. SL is the box's low: 1320.
Upside target can be 1480.


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