#LALPATH - Inverse Head & Shoulder Breakout
The top down approach.
1. Sector: Pharma is getting strong again with multiple names developing the moves. Look at #Thyrocare and #Alembic for example.
2. Book like chart: Picture perfect pattern on the chart is a bit rare to see. However, it doesn't really matter but still, makes it easy to spot from the crowd.
3. Volumes: This is a little area to still observe as we haven't seen the biggest of the bars yet.
4. Fundamentals: Growing sales, profit consistently. I am not an expert in this though.
1. Sector: Pharma is getting strong again with multiple names developing the moves. Look at #Thyrocare and #Alembic for example.
2. Book like chart: Picture perfect pattern on the chart is a bit rare to see. However, it doesn't really matter but still, makes it easy to spot from the crowd.
3. Volumes: This is a little area to still observe as we haven't seen the biggest of the bars yet.
4. Fundamentals: Growing sales, profit consistently. I am not an expert in this though.
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