On the verge of a Breakout from a VCP
Updated
Tanla Platform is on the verge of a Breakout from a VCP that has been forming over the last 50+ trading days..
Trade closed manually
Stock is clearly facing selling pressure at the current levels. We will need to wait for a clear signal to emerge if buyers can regain the control and take the stock upward. As today's close is below the lower trendline, I am closing this trade manually.
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