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Trendline support broken
Trading at support level
Titan breaks out from a crucial resistance level with volume and closes above the supply line for the day. A long trade could be initiated at 1050 with a stop-loss at 1035.
Do you think a cup and handle is likely???
The stock is currently trading at a support level and momentum indicators signal a possible trend reversal in the upside. Buy at current levels with a stop-loss below the support.
The stock is trading at a support level and the stochastic oscillator suggests an upward move. One could buy at current levels and look for a target above 220.