Hikal ltd. Longer consolidation box is broken!!!
Hello 👋
It's a breakout stock..
* Stock is in uptrend
* Strong volumes since last 4-5 months
* Bullish candlestick on monthly chart
* Momentum inclined
* Previous high also broken
* If price sustain above 390 then can be move further.... have marked levels
* It's a classical rounded bottom on monthly chart..
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
It's a breakout stock..
* Stock is in uptrend
* Strong volumes since last 4-5 months
* Bullish candlestick on monthly chart
* Momentum inclined
* Previous high also broken
* If price sustain above 390 then can be move further.... have marked levels
* It's a classical rounded bottom on monthly chart..
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
Penafian
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