Triangle pattern Breakout in CUB soon!Triangle Pattern Breakout formation in City Union Bank. Keep a close watch. Supported by MACD bullish Cross over. Higher targets possible.
CUB trade ideas
CITY UNION BANK - FORMING DESCENDING TRIANGLE & 200SMA BO1. 200SMA BREAKOUT WITH MASSIVE VOLUME
2. UP SIDE POSSIBLE BASED ON RECENT PRICE ACTION
CUB LongCUB Long
Stock is ready to break medium term trendline
20/50/100/200 Day EMA's are around 165
20/50/100/200 week EMA's are around 161-166
Today stock has crossed all (Day and week) EMA's
Wait for trendline breakout around 169-170
Buy above 170
SL- 161
Target- 180, 189, 199
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
City Union Bank Ltd - 21.06.2021City Union Bank Ltd - 21.06.2021
The stock has made an intraday high of 165.70
Prices are below ema
Let the prices go above 168
There is a MACD Bullish Divergence in daily chart which needs a confirmation with prices above previous candle high, hourly chart have prices above ema
one can initiate a buy position above 168 with support @ 163
CUB 🦁 🦁 - IN RADARBREAKOUT ALERT AHEAD...
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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200 ma support in CUB , buying emerge ,on 200 dma ,hammer candle200 ma support in CUB , buying emerge ,on 200 dma ,hammer candle
BULLISH PENANT?Hi trading Community!
Need some help. Please help me out with my understanding of the pattern and if this is correct.
Thanks
CUBBreakout of falling wedge and Swing Low by making Swing High with huge volume depicts that CUB will reach its target 1 and 2 very soon.
This is not investment advice and it is meant for learning purposes only.
Super Breakout is ahead ✌✌This scrip is getting ready to fly as it forming a beautiful pattern. So traders keep on your radar and enjoy the profit.
City Union Bank LongStock is taking consistent support of the trend line and it has broken out of the Ascending triangle pattern.
CUP and HANDLE PATTERN CUB!May go up after channel breakout
Ensure Risk management
Expected RR 2.97
Look charts for further details
Do Your Own Analysis / Study Purpose Only
CUB Channel Breakout possibilityChannel Breakout possible.
Trade with risk management.
SL and Target given in chart.
Do your own analysis.
CUB- Watch out for Break out in coming weeksBuy during retracement after triangle breakout in coming weeks.
Note: This is for educational purpose only.
Expecting Super Breakout ✌✌This scrip is Forming Triangle Pattern and it is Expected to Give breakout. So traders keep on your radar to catch the momentum.
