HISTORICLE BREAKOUT on chart of Power Finance Corporation!!!!
15 YEAR long consolidation, a perfect triangle pattern on the monthly chart, with beautiful support and resistance and most important- large volumes.
Though it gave BREAKOUT last month, it was facing some selling pressures. This month we got the confirmation of a long upcoming positive trend. After seeing the chart pattern the targets seem to be so aggressive (260, 110 points, 73.77%). We can plan to enter when it crosses this month's high (170.10), as it may again face selling pressure.
Though it gave BREAKOUT last month, it was facing some selling pressures. This month we got the confirmation of a long upcoming positive trend. After seeing the chart pattern the targets seem to be so aggressive (260, 110 points, 73.77%). We can plan to enter when it crosses this month's high (170.10), as it may again face selling pressure.
Transaction en cours
It's a BREAKOUT!!!!!!!!!!Transaction en cours
☄️☄️ PFC is 73% up from our buying price! ☄️☄️ Stay in this trade for more upper levels.For any query please comment. I'll be very happy to reply!
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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.