This will remain as one of my most favourite idea if breakout goes successful.
Trade logic: An inverted head and shoulder breakout is on the cards.
The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed.
However, the stock again has created an inverted head and shoulder pattern with the same neckline in a much lesser time compared to previous pattern. (4 years then vs 2.5 years now)
Stock has cranked up its volume getting ready for a good breakout. Confirmation above 920.
I wont be surprised if this stock breaches ATH levels if the breakout is successful.
A good pharma stock from investment perspective as well. Keep in watchlist.
Do like, comment and follow for such more ideas!
Trade logic: An inverted head and shoulder breakout is on the cards.
The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed.
However, the stock again has created an inverted head and shoulder pattern with the same neckline in a much lesser time compared to previous pattern. (4 years then vs 2.5 years now)
Stock has cranked up its volume getting ready for a good breakout. Confirmation above 920.
I wont be surprised if this stock breaches ATH levels if the breakout is successful.
A good pharma stock from investment perspective as well. Keep in watchlist.
Do like, comment and follow for such more ideas!
Dagangan aktif
Nota
I'm lovin' it! What a blasting move post breakout. ATH levels should be seen soon.Nota
T1 done!Nota
T2 done. 1200+ already done. A new ATH is made and bull run has just startedNota
1500+ done . more than 75% returns
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.
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.