Coming out of 30months base. A low cheat triggered last month (September2023) and there after cheat trigger was breached too. Volumes have started coming in since low cheat breakout. It has moved more than 50% since the low cheat. and now it is heading for pivot. Remember pivot is not yet formed. So do not hurry to enter and wait for proper entry setup. 43-51...
As per the chart, stock has given trendline breakout. Entry can be taken @cmp SL : Can be put below the support zone. Targets are mentioned in the chart. Disclaimer : This analysis is not any recommendation for taking trade. I'm publishing it only for educational purposes.
HMT LTD symmetric triangle setup on monthly chart. A big movement possible in the direction of breakout. Do keep it in your watch list. Regards, tRex Jurassic Park