Cl educate Looking good for swing or medium term
Supply zone and head and shoulder or Cup handle pattern break out.
Company fundamentals also improving.
CLEDUCATE
CL Educate : Short term (1-3 Months)#cleducate #patternbreakout #patterntrading
#CLEDUCATE :
>> Beautiful Inverse H&S Pattern breakout
>> Breakout with Volumes
>> Good Strength in Stock
>> Low Risk, High Reward Trade (Upside of 43% Possible)
Swing Traders can lock their profits at 10% and keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Cup and Handle Breakout in CL EDUCATE daily time frame
Supporting to our previous weekly chart analysis of CL EDUCATE, in daily time frame we can see stock has already given a clear cup and handle breakout with good volume, which suggests there might be good price movements in coming days.
Good entry would be around 165-160 range.
This is just a view, do your own analysis before investing.
NSE:CLEDUCATE
Possible Cup and Handle Breakout in CL EDUCATE weekly chart
Stock has given breakout from its cup and handle pattern, yet there is no significant volumes on breakout. For pattern confirmation price has to close above 170 in weekly chart.
At present Stock has given a cup and handle breakout with significantly good volume in daily chart and may come for retest at 170-150 levels.
For further strong up move, price has to close above 187.
All possible targets are marked on the chart. Maintain strict stop-loss at 130.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:CLEDUCATE
CL EDUCATENote:
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
