#LONG:Cup & Handle pattern formed in PCBL(daily chart)
Diupdate
PCBL reached an ATH of 159.40 in Jan'18 before falling by 83% to a low of 27.05. It again rose to a high of 153.75 in Sep'22 and thereafter fell to a low of 108.70. In the process it formed a perfect Cup & Handle pattern on daily charts. Since, 2018 it was trading below multi-year resistance trend line.It has given from cup & Handle pattern on 14th Jun'23, forming a large bullish candle rising 8.52% in a day.The Stock had already risen by 8.74% today(at the time of writing this article), hitting an ATH of 178.30, which is also a 10-Year High.
Stop Loss: 15.5 (daily closing basis)
Potential: 55 to 90%
Time period: 6 months(Expected)
Stop Loss: 15.5 (daily closing basis)
Potential: 55 to 90%
Time period: 6 months(Expected)
Catatan
Target 1 achieved on 17th Nov '23 !!Catatan
Target 2 achieved on 30th Nov '23 !!!Catatan
All Targets achieved as on 8th Feb 2024Trading ditutup: target tercapai
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.