This depicts a technical pattern known as the "Cup and Handle" pattern.
If the breakout is successful, an upward bullish trend can be expected.
However, if the breakout fails, the stock may turn bearish.
If you find this helpful and want more FREE forecasts in TradingView, Hit the 'BOOST' button
Drop some feedback in the comments below! (e.g., What did you find most useful?
How can we improve?)
Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week
DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only
If the breakout is successful, an upward bullish trend can be expected.
However, if the breakout fails, the stock may turn bearish.
If you find this helpful and want more FREE forecasts in TradingView, Hit the 'BOOST' button
Drop some feedback in the comments below! (e.g., What did you find most useful?
How can we improve?)
Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week
DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.