ULTRATECH Ready for a BULLISH RALLY??!!!
Chart does show indications for the above opinion.
1. Inverted Heads and Shoulders pattern (both daily and weekly time frame shows it clearly)
2. Cup & Handle pattern in Daily time frame
3. Entry only after a Breakout above the pink trendline !!
4. 1st Target can be depth of cup nearly 900 points.
5. After achieving the target of cup & handle, we can move on with H&S target.
Strict Stoploss must be day candle closing below the breakout candle low.
Note: Just sharing my view...not a tip nor advice !!
1. Inverted Heads and Shoulders pattern (both daily and weekly time frame shows it clearly)
2. Cup & Handle pattern in Daily time frame
3. Entry only after a Breakout above the pink trendline !!
4. 1st Target can be depth of cup nearly 900 points.
5. After achieving the target of cup & handle, we can move on with H&S target.
Strict Stoploss must be day candle closing below the breakout candle low.
Note: Just sharing my view...not a tip nor advice !!
Note
Still waiting for breakout.Pink line is major resistance. LET'S SEE
Note
Pink trendline resistance broken....good time to enter.Trade active
Good conslidation and Steady move !!!Note
Bulls still fighting....Formed a bullish harami...Weekly Breakout candle's high still not tested....
stick with the SL(DAY CANDLE CLOSES BELOW 6905).
Note
BULLS MAKING A COMEBACK !!!Trade active
Trade closed: stop reached
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