Chart analysis:
Pattern: Cup and Handle pattern is formed and currently after BO the consolidation is happening.
Breakout: C&H pattern is broke the 16 months High.
Volume: Volume build up is happening indicating the big player are continuously buying the share.
RSI: Bullish crossover happening indicating the BO of consolidation phase
Trade setup:
Waiting for BO
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Pattern: Cup and Handle pattern is formed and currently after BO the consolidation is happening.
Breakout: C&H pattern is broke the 16 months High.
Volume: Volume build up is happening indicating the big player are continuously buying the share.
RSI: Bullish crossover happening indicating the BO of consolidation phase
Trade setup:
Waiting for BO
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Note
GTPL is still in consolidation phase after BO. Waiting for consolidation BO to initiate the trade.
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.