Breakout of descending triangle pattern

Glaxo has BO'd from triangle pattern...it has been falling since some time, and IF IT CROSSES THE 200 EMA with good volumes in coming days, then i would take a position, not before that...because it could hit the 200EMA and slide down again. This is an idea, not a recommendation...remember the broader market has been falling too since a few days so be cautious.

Catatan

Glaxo opened above 200 EMA..is up 5% today

Catatan

Glaxo is moving up steadily..target 1 achieved..

Catatan

Close to target 2...13.4% move already...1515 to 1730..moved 5% today

Catatan

All targets done..today it has moved almost 10%...CMP 1772

Panchalk

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.