Motherson - Cup & Handle and Flag & PoleMotherson has made a cup and handle breakout and a flag and pole pattern. We have a breakout and we can expect price to move to 145. The beauty is if you see the target price - whether by way of cup and handle breakout or flag & pole pattern - we have same target.
Other factors:
1. RSI is above 60
2. MACD is positive
3. Volume is increasing, see breakout volume candle
"Clean Charts, Easy Charts"
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