This TradingView chart analyzes ACME Solar, highlighting a classic Cup & Handle pattern forming since early 2025, with price action consolidating in a defined demand zone before recently breaking through resistance around INR 303.30.
Key elements include buying interest at support levels, the emergence of bullish momentum, and a breakout trigger that traders should confirm before entry. The setup suggests a potential trend reversal, with EMA overlays supporting the upward move while resistance acts as the next critical decision level.
Traders are advised to watch for sustained volume and closing above resistance for reliable breakout confirmation, as indicated on the chart.
Key elements include buying interest at support levels, the emergence of bullish momentum, and a breakout trigger that traders should confirm before entry. The setup suggests a potential trend reversal, with EMA overlays supporting the upward move while resistance acts as the next critical decision level.
Traders are advised to watch for sustained volume and closing above resistance for reliable breakout confirmation, as indicated on the chart.
Trade aktif
Out of tightness VCP
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.