WEBELSOLAR CHANNEL BREAKOUT
WEBELSOLAR gave a breakout with outstanding volume from a channel pattern after consolidating in it for a year.
Stock looks very bullish but may consolidate for some time before the next move up.
Could trade at 120-130 in the near future, especially if the broader market shows more strength in the coming weeks.
Stock looks very bullish but may consolidate for some time before the next move up.
Could trade at 120-130 in the near future, especially if the broader market shows more strength in the coming weeks.
Note
Update 17/12/2021. Huge wick today. May take a hard retrace as the markets are falling.Note
UPDATE: Price looks ready to fly. Huge bullish pinbar on daily timeframe today. Don't book at 130-140. Hold as long as the momentum sustains.Note
UPDATE: 50% Up in 2 weeks. DON'T close position as price hitting continuous upper circuit. Exit after a red candle on daily chart.Trade closed: target reached
Price broke upper circuit chain today. Exit all your positions if price doesn't go back to upper circuit before 3:25pm.Trade closed: target reached
50% in 3 weeks. MY FIRST ANALYSIS!
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