nsdtrading

Bullish pattern breakout

Long
NSE:PRSMJOHNSN   PRISM JOHNSON LTD
The stock recently experienced a notable breakout from an ascending right-angle triangle pattern on the weekly chart, and this breakout was supported by substantial volumes. Remarkably, this breakout occurred after a duration of nearly four and a half years. Such a prolonged timeframe adds significance to the breakout, suggesting a potential substantial shift in the stock's trend. Traders and investors may view this as a noteworthy event, possibly indicating a sustained upward trajectory.
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