kalamkar_aditya

Subex Weekly BO and Cup and Handle

kalamkar_aditya Updated   
NSE:SUBEXLTD   SUBEX LTD
Subex has broken out of channel on weekly post deal with Jio. Next target is 69. Good volumes even on weekly. The multi year Cup and Handle seems to have completed its formation. If 74 level is broken and it sustains, then stock may skyrocket to 690 levels in coming months
Comment:
Seems there was a fake breakout. Same trendline has now acted as a resistance and stock has become bearish for now. Always a learning.
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