MBAPL - Flag Breakout - Bullish Big Target

101
The stock has conciliated after a big up move and has now shown a flag breakout today with higher vol as compared to past 15 days.

1) Price is above 20 EMA
2) 20 EMA > 50 EMA > 200 EMA hence trending up move
3) Price higher than supertrend
4) ADX > 25
5) Target as per Fibonacci and Flag Breakout rules is marked.
6) Daily Vol > 30 DMA

Idea is for academic purpose and not a buy recommendation


Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.