VALLIBEL ONE PLC
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VONE | Broken Inverted H&S

277
The stock has broken above the neckline of inverted head and shoulder pattern and descending trendline indicating a bullish continuation of price. The target price will be Rs. 40.50 based on the inverted head and shoulder pattern height which is also at Fibonacci retracement level of 0.5.

Stop-loss can be set below neckline around Rs. 35.50

Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Nota
07/03/2023
The stock reached the target price of Rs. 40.50 obtained from the inverted head and shoulder pattern.
Dagangan ditutup: sasaran tercapai

Penafian

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