Since 2015, the stock is respecting the channel trendlines as shown in the chart.
Also, we can see a Cup & Handle pattern within the trendline, which shows us the good probability of a bullish move.
Once the stock breaks out from the neckline(155), we can expect it to witness some resistance at the channel's upper trendline (180-185).
If the stock manages to breakout from this channel pattern of 6 years with good volumes, we can expect it to touch 215, 285, 350 levels soon.
BUY AROUND - 160-165
SL - 120
Also, we can see a Cup & Handle pattern within the trendline, which shows us the good probability of a bullish move.
Once the stock breaks out from the neckline(155), we can expect it to witness some resistance at the channel's upper trendline (180-185).
If the stock manages to breakout from this channel pattern of 6 years with good volumes, we can expect it to touch 215, 285, 350 levels soon.
BUY AROUND - 160-165
SL - 120
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.