LOS ANGELES WILDFIRE OR MIDDLEESAT COUNTRY TENSION? Daily Head and Shoulders chart pattern Massive downfall can be seen after breakeven mark.
A triple bottom pattern on a candlestick chart is generally considered a bullish reversal signal, indicating a potential change from a downtrend to an uptrend. In the case of Berger Paints, the triple bottom is forming, we might consider it as a potential buy signal but wait for RSI breakout. If RSI reaches above RSI 35, we consider to place a buy order.
Pattern: Cup & Handle breakout. Target - 20% The **Cup and Handle** chart pattern is a technical analysis pattern commonly used in trading to identify potential bullish trends. It resembles the shape of a teacup, where the "cup" is formed by a rounded bottom followed by a consolidation phase (the "handle"), and it signals a possible upward breakout when the...