ALKALI METALS LTD.

BSE

ALKALI

Alkali metals broke double bottom neckline and crossed above 200 DMA

Long. CMP 72. SL 66 TGT 82. Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.

BSE:ALKALI

BSE:ALKALI scrip is moving in a triangular pattern and have given a trend-line break out MACD turning green too! Go Long for 100!

The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an uptrend. This pattern forming in the weekly chart indicates this script is turning from bearish to bullish. When buyers enter the market at a low price, it increases the demand for the stock. Once the rounding bottom is complete, the stock breaks...