DABUR - Ascending Triangle Breakout

2017年11月24日

In the Hourly charts of DABUR, we see a clean Ascending triangle breakout with high volumes. Encouraging aspect is the fact that the stock has now managed to break above a crucial price band which acted as a source of support and now resistance. First Fibonacci target is at 350

2017年11月29日

交易手动结束

Makes sense to exit this position, as the breakout fizzled out and tested the Apex of the triangle twice with no follow-through buying.