Pocketpivot
Flag BO - Jublind7 weeks base. flag.
BO today.
quiet volume throughout.
support from 50 DMA
strong prior momentum
pocket pivot today
good swing trade
SL - below 490
TGT - 600
momentum play11 week base - cup and handle
shakeout in the middle of base on weekly chart.
it changed character to bullish after breaking upper trendline.
then it gave pocket pivot on 20/11/20 off 50 MA which was also low cheat entry.
now it again gave continuation pocket pivot off 10 MA showing sign of strength.
Looking at 600 min and then even further
just pefect !9 weeks base.
cup and handle.
Pocket pivot formed with high volume off 50 DMA.
Shakeout in weekly and support on 200 DMA
High probability setup!11 week base which was broken today with pocket pivot on strong volume.
Promoters increased stakes 4% in last 2 quarters.
50 DMA is holding.
Gave some shakeouts in the base making it highly probable.