Get started
CuriousChartist

SOLARA ACTIVE - Bottom Reversal ???

Long
SOLARA ACTIVE PHAR (NSE:SOLARA)  
CuriousChartist  
NSE:SOLARA   SOLARA ACTIVE PHAR
Trend Analysis Chart Patterns Technical Indicators SOLARA Divergence Symmetrical Triangle relativestrength priceactionanalysis Technical Analysis lowriskhighreward
1
0
trendanalysis chartpattern indicator solara divergence symmetricaltriangle relativestrength priceactionanalysis technicalanalysis lowriskhighreward
After the Bearish Divergence the stock corrected from 1620 to 1210 and now we see a Bullish Divergence formed at the bottom of the Parallel Channel.

A Symmetric Triangle is also formed and a breakout on the upper side is very likely.

The relative strength also is turning positive again against its Index.

If all goes well the minimum targets as suggested should be the top of the channel.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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.