PFC- Cup and Handle Breakout- Buy Setup
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As seen PFC has broken out of Cup and Handle pattern with good volumes in the daily chart. It is bullish in the larger time frame as well. RSI has also given a breakout and now is above 60, indicating that the stock has gained good momentum.
Expected Levels- 140, 155.
If someone can hold it for a few months then target would be the height of the cup i.e 185- 190.
Expected Levels- 140, 155.
If someone can hold it for a few months then target would be the height of the cup i.e 185- 190.
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