-on hourly chart the stock re-tested its 200-ema
-we have already enter into the stock on the re-test of trendline near 2355
-consolidated around that area
-broke the its bearish trendline and re-tested the breakout zone
-started rising again
-one can enter long near 2400-2410
-its an example ofa perfect breakout pattern
-initial short-term target on hul is 2440-2455
-swing target on hul is 2485-2525
-we have already enter into the stock on the re-test of trendline near 2355
-consolidated around that area
-broke the its bearish trendline and re-tested the breakout zone
-started rising again
-one can enter long near 2400-2410
-its an example ofa perfect breakout pattern
-initial short-term target on hul is 2440-2455
-swing target on hul is 2485-2525
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*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo