As seen Sun TV has formed a Double Bottom Pattern in the hourly chart. It has recently given a breakout with good volumes.
Expected Levels 474.
Double Bottom Pattern is bullish reversal pattern, made of two consecutive bottom/troughs. It indicates that the stock has reached a support level and is facing difficulty moving lower, thereby positioned for an upward move.
Expected Levels 474.
Double Bottom Pattern is bullish reversal pattern, made of two consecutive bottom/troughs. It indicates that the stock has reached a support level and is facing difficulty moving lower, thereby positioned for an upward move.
Trade closed: target reached
473
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Related publications
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.