Arrow Greentech Ltd (ARROWGREEN): Bullish Breakout from Cup and
Arrow Greentech Ltd has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment.
Key Observations
Cup and Handle Formation: A potential "Cup and Handle" pattern is observed, which can often signal a bullish continuation after a period of consolidation.
Breakout: The stock has recently broken above the handle of the cup, indicating a bullish breakout.
Volume: The volume has increased during the breakout, supporting the bullish momentum.
Positive Indicators: The Relative Strength Index (RSI) is currently above 50, suggesting a bullish bias.
Key Observations
Cup and Handle Formation: A potential "Cup and Handle" pattern is observed, which can often signal a bullish continuation after a period of consolidation.
Breakout: The stock has recently broken above the handle of the cup, indicating a bullish breakout.
Volume: The volume has increased during the breakout, supporting the bullish momentum.
Positive Indicators: The Relative Strength Index (RSI) is currently above 50, suggesting a bullish bias.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.