Advance Enzyme: Prempting a Cup and Handle Breakout!
🚀 Advance Enzyme: Prempting a Cup and Handle Breakout! 🚀
Current Market Price: 425
Stop Loss: 330
Targets: 540, 640, 740
Advance Enzyme is on the verge of a significant move, showing signs of a cup and handle breakout. A monthly close above 429 could mark the end of a nearly 2-year consolidation, setting the stage for a big rally. A large wick in the chart suggests that strong momentum could come above 510. Additionally, a clear double rounding bottom pattern on the line chart indicates a potential breakout above 430, supported by the Fibonacci 62% level.
📉 Risk Management: Ensure to manage risk with a stop loss at 330.
📊 Disclaimer:
As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. Exciting times ahead!
#MarketAnalysis #AdvanceEnzyme #TechnicalAnalysis #CupAndHandle #InvestmentOpportunities #BreakoutTrading
Current Market Price: 425
Stop Loss: 330
Targets: 540, 640, 740
Advance Enzyme is on the verge of a significant move, showing signs of a cup and handle breakout. A monthly close above 429 could mark the end of a nearly 2-year consolidation, setting the stage for a big rally. A large wick in the chart suggests that strong momentum could come above 510. Additionally, a clear double rounding bottom pattern on the line chart indicates a potential breakout above 430, supported by the Fibonacci 62% level.
📉 Risk Management: Ensure to manage risk with a stop loss at 330.
📊 Disclaimer:
As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. Exciting times ahead!
#MarketAnalysis #AdvanceEnzyme #TechnicalAnalysis #CupAndHandle #InvestmentOpportunities #BreakoutTrading
Note
Note
target 1 achieved
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.