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SONACOMS (TF|W|) Bullish view .

Long
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NSE:SONACOMS   SONA BLW PRECISION FRGS L
SONACOMS stock analysis Potential breakout opportunity

Chart Analysis : SONACOMS is displaying a strong breakout chart , indicating the upward movement in it's stock price.

CUP & HANDLE Pattern : The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.

VOLUME BUILDUP: volume buildup near the breakout zone . Increased trading volume is a positive indicator, suggesting more interest in stock and potential momentum
Commentaire:
i bought a little early
Trade fermée: cible de profit atteinte:
1st target hit

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