can we expect a breakout?

UNION BK OF INDIANSE

Description

⋅ Feb 15, 2020 2:05 PM

company posted good results. lets see if the long term resistance line breaks!!. we should watch for a breakout with larger volumes.

Trend Analysis

Comments

anupchaurasia0003

⋅ Feb 20, 2020 3:23 PM

will it get back to its price 62 and above in future???

buddinginvestor80

⋅ Feb 20, 2020 3:32 PM

@anupchaurasia0003, Possible but first it has to break the trendline.

anupchaurasia0003

⋅ Feb 20, 2020 7:22 PM

@buddinginvestor80, accept the trend line and the good q3 result I think it may reach back its same level but if we see last 1 year chart it’s a clear cut down trend.