Pennant chart pattern observed in MTAR Tech stock.
Breakout levels: Above 1780 - Target around 100 points.
Breakdown Level: Below 1700 - Target around 100 points.
Quarterly results were good so breakout probability is high.
MTARTECH
Breakout levels: Above 1780 - Target around 100 points.
Breakdown Level: Below 1700 - Target around 100 points.
Quarterly results were good so breakout probability is high.
Note
Do your own analysis.Note
Chart is still strong though it was a red day.Trade closed: target reached
Target met on breakdown.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.