flag and pole pattern breakout
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Styrenix performance ltd has formed and successfully broke the pattern.
The breakout in the pattern can be seen with rising volumes which indicates strong buyers hold.
Along with short and medium term, long term momentum is also strong according to indicators. Positions could be made with minimum expectation of 1:3 R:R.
The breakout in the pattern can be seen with rising volumes which indicates strong buyers hold.
Along with short and medium term, long term momentum is also strong according to indicators. Positions could be made with minimum expectation of 1:3 R:R.
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DISCLAIMER: I am not a SEBI registered technical analyst. I do not provide calls and signals. The above analysis is solely for educational purpose. Iam not responsible for any loss/profit. DO NOT TRADE!
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