PRESSMN:- Rounding bottom pattern formed, with good volumes, keep your eye on it
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As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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Pressman Advertising is forming inverted head and shoulder on a weekly time frame.
The stock price is on the verge of making a bullish breakout from the technical pattern of an inverted head and shoulder at around 31-32 levels. There has been a substantial increase in volume near the right shoulder of the technical pattern which indicates that the price breakout...
