POV: TI - Pole and Pennant Breakout
POV: TI - Pole and Pennant Breakout
While the Nifty 500 and broader market are underperforming, this stock stands out as an outlier, consistently hitting new all-time highs (ATH). 🚀
Key Observation:
This swing setup delivered a Pole and Pennant Breakout, a classic bullish continuation pattern that reflects strong buying momentum even in a weak market environment.
Why It Matters:
Constant ATHs signal exceptional strength.
The breakout confirms the stock's resilience, making it a key watch for potential opportunities.
Disclaimer:
For educational purposes only, not financial advice.
While the Nifty 500 and broader market are underperforming, this stock stands out as an outlier, consistently hitting new all-time highs (ATH). 🚀
Key Observation:
This swing setup delivered a Pole and Pennant Breakout, a classic bullish continuation pattern that reflects strong buying momentum even in a weak market environment.
Why It Matters:
Constant ATHs signal exceptional strength.
The breakout confirms the stock's resilience, making it a key watch for potential opportunities.
Disclaimer:
For educational purposes only, not financial advice.
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.
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.