HERO MOTOCORP: Wedge breakout

Hero MotoCorp has been in down trend for the last couple of years. It has been consolidating at a strong support zone forming a wedge over the last 4 months.
The wedge is now broken. It is certainly worth confirming the breakout is sustainable and then join the LONG ride!


Chart PatternsheromotocorpLONGpositionalcallTrend Analysiswedgebreakout

Penafian