Multi Year Breakout - Cup and Handle Pattern
Great Eastern is involved in the business activities of Sea and coastal freight water transport.
The stock has broken out of a multi year resistance with good volume and Cup & Handle formation on charts.
The stock is fundamentally good. Mutual funds have also raised stake in the company and is holding around 22.91% stake.
Further, the chart is self explanatory.
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The stock has broken out of a multi year resistance with good volume and Cup & Handle formation on charts.
The stock is fundamentally good. Mutual funds have also raised stake in the company and is holding around 22.91% stake.
Further, the chart is self explanatory.
Feel free to share your feedback and queries. Don't forget to follow me for upcoming posts.