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achyuth812
Jul 18, 2021 5:17 AM

UFO :Weekly chart .Flat Breakout above 115. Long

UFO MOVIEZ INDIANSE

Description

UFO : Weekly Chart. Coming out of consolidation. FLat Breakout above 107 to 115. Good support at 83. Can reach 300+ in medium term.
Comments
b9nk6
nice explanation. Can you please explain how did you draw the breakout line at 107. and how did you come up with 107-115?
achyuth812
@b9nk6, Lower line has rejected price twice earlier which is 107 level and the upper line which is nothing but 115 level which acted as support earlier will now change its polarity and might act as resistance. So 107 to 115 level is important.
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