Ashok Leyland- Strong Breakout (Multiple Parameters)
Ashok Leyland breaks out of the falling wedge.
Post the breakout stock comes back to retrace
at the support line.
Later also forms a triangle pattern and breaks out
of the triangle.
It also forms a Cup & Handle pattern and also gives
a breakout from the pattern.
Stock takes resistance from Ichimoku Cloud,
takes support and then breaks out.
Multiple indications, suggests that stock looks positive.
P.S.- NOT a SEBI Registered Financial advisor, please consult your advisory before taking any trades
Post the breakout stock comes back to retrace
at the support line.
Later also forms a triangle pattern and breaks out
of the triangle.
It also forms a Cup & Handle pattern and also gives
a breakout from the pattern.
Stock takes resistance from Ichimoku Cloud,
takes support and then breaks out.
Multiple indications, suggests that stock looks positive.
P.S.- NOT a SEBI Registered Financial advisor, please consult your advisory before taking any trades
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.