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Good Investment idea with SL 53 on weekly closing.
All levels in chart.
In weekly, inv HnS pattern formed, then breakout with good volume, strong base is formed, and price reversal is complete.
also horizontal resistance broken with good volume,
1st tgt - 76, 2nd tgt - 90, sl - 53
On the weekly chart LYKALABS seems to have broken out of the channel with strong volume.
LYKALABS Bullish Harmonic Reversal
LYKALABS: LCP @ 50.00.
Harmonic Pattern: Bullish CRAB.
Candle Pattern:Bullish ENGULFING.
Divergence: RSI Positive & OBV Positive .
Price Range Compare to Previous Candle: H-H & L-L.
TGTs: @ 52.6, @ 55.15, @ 57.15, @ 59.10, @ 61.90, @ 65.45.