UPL reached the resistance - ChannelPrice reached the resistance levels from the support with super bullish movement. 3rd time in a row price reached this levels and this time as it looks strong it is expected to break this levels and probably the channel itself.
As I insist in these kind of trades the best time of entry is not the breakout it is the support levels.
Upllong
UPL - Long ( Escaped the Rising Wedge)In my earlier post of 19 Aug, I have mentioned two direction for UPL. One was creating the Raising Wedge and the other if the Wedge is broken Upwards. Now it's clear that the Wedge has broken upwards and a Bull Flag is visible. This will now continue to travel in the Channel. Target on the chart.