WELSPUN CORP - 40% upside on charts

Welspun Corp formed a 'cup & handle' pattern in the day chart breaking its all time high. The depth of the cup from a common high is 37.2% and that ladies & gentlemen is the potential the stock can rally upto post breakout.

Technically the chart is strong, but don't forget to have your own research.

Cheers :)
Chart PatternscupandhandlebreakoutcupandhandlepatternTechnical IndicatorspriceactionpriceactionanalysisTrend Analysistrendpattern

Also on:

Disclaimer