THE STOCK IS MAKING AN INVERTED HEAD AND SHOULDER PATTERN. (1 HR TIME FRAME)
AND THE LONG WICKS IN 1 DAY TIME FRAME INDICATE BUYER PRESSURE.
THERE IS ALSO BULLISH ENGULF HAPPENING
P.S
NEW SWING TRADER.
THERE IS A DOUBLE BOTTOM BEING FORMED AND THE NECKLINE IS BROKE
THERE IS RESISTANCE AT 2160
AND THE BEARISH TREND EXPIRED AND BULLISH TREND HAS BEGAN.
(ALL THE ORDER TYPE I CHOOSE IS CNC)
NEW SWING TRADER :)
lupin has made a double bottom and its in uptrend in 1hr tf. and the candles show bulls are in control there is a resistance at 940. few green candles formation at above 950 the stock has the potential to reach 1000.
AND THERE IS BULLISH ENGULF TOO AT THE BOTTOM OF THE NEW TREND.
new swing trader. :)
