Hindustan Copper - Inverted Hammer after a downtrend.

After a cup and handle formation and a steady downtrend for the past 20 sessions, Hindustan Copper formed an Inverted Hammer - a bottom reversal line today 9th June 2021. The inverted hammer is a bullish pattern after a downtrend. However, it is important to wait for a bullish verification tomorrow. An open above the inverted hammer's real body could be the form of verification. It may be noted that the reversal is happening near the Moving Average.
Chart Patterns

Juga di:

Pernyataan Penyangkalan