HONASA CONSUMER LTD
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HONASA: Ascending Triangle Breakout with volumes

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After all the love I received on the NBCC chart, here I bring another very similar chart from the consumption sector.

As I see that the consumption sector is now the one to be watched out, it is better to place our bets there.

These are some points to note:

1. The base formation that absorbed all the supply from 5 months.

2. Price trading in higher-highs and higher-lows formation from April.

3. Breakout candle is great in size with big volumes. Volume support has been good on green days.

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.