Hero Motocorp Ltd: How Ideal Falling Wedge Breakout Looks like
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Stock has been in a downtrend and then gradually formed a strong base around 2300 levels with a clear RSI divergence.
Now when stock broke the Falling wedge Upper trendline then it also has retested the BO levels and consolidated for a while in the Zone of 2700-2800.
Now it will be a range BO + Falling wedge BO + String RSI (Above 60)
DISC: Only For educational Purposes.
Now when stock broke the Falling wedge Upper trendline then it also has retested the BO levels and consolidated for a while in the Zone of 2700-2800.
Now it will be a range BO + Falling wedge BO + String RSI (Above 60)
DISC: Only For educational Purposes.
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