LALPATHLAB: Bottomed out with strong PC, preparing for Breakout
PC-A = PC-B = PC-C
All three Parallel Channels (PC) are just Same in width and slope!
#WonderOfPC
Except for a one point that PC-A & PC-B were playing the role of Resistance and bring down it to lower levels of 1800,
while now PC-C is playing the role of Support and forming showing that script LALPATHLAB is bottoming out and being ready for Breakout.
If the overall market holds itself and won't fall further, we have a high chances that LALPATHLAB will give a strong breakout at 2900,
& lead it towards the 3500 levels,
One can add at CMP levels
But if overall market corrects further, be ready script might test lower line of PC-C,
it is a good script to add at every lower levels.
All three Parallel Channels (PC) are just Same in width and slope!
#WonderOfPC
Except for a one point that PC-A & PC-B were playing the role of Resistance and bring down it to lower levels of 1800,
while now PC-C is playing the role of Support and forming showing that script LALPATHLAB is bottoming out and being ready for Breakout.
If the overall market holds itself and won't fall further, we have a high chances that LALPATHLAB will give a strong breakout at 2900,
& lead it towards the 3500 levels,
One can add at CMP levels
But if overall market corrects further, be ready script might test lower line of PC-C,
it is a good script to add at every lower levels.
Penafian
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