Previous highs should act as support now.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Following simple trend up breakout and then correction, looks like ready for another breakout.
force moters 15 mint bullish flag breackout patter
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A falling wedge pattern since jan 2017, however for the reveral a breakout has to be there, expecting a breakout in Oct, 2018 (between 8 &15) weekly basis. Entry only after the breakout. Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Buy FORCEMOT after a bounce above 3330 T1: 3500 T2: 3800 T3: 4200 T4: 4700 SL: 3080
Watch the green lines in the chart. If the price bounces off either of the two green lines, it would then be a sign that buyers are strong and eager to push the price higher. A Hammer-candle at either of these lines would make me interested in adding more of this stock.