1. Break of down trend with volume support
2. Double bottom (trend reversal pattern)
3. Good Consolidation at
4. Long-term support which is acting as resistance
Buy if close above 220
Target 300
SL 186
With multiple confirmation this is strong case if breaksout.
2. Double bottom (trend reversal pattern)
3. Good Consolidation at
4. Long-term support which is acting as resistance
Buy if close above 220
Target 300
SL 186
With multiple confirmation this is strong case if breaksout.
Comment:
Considering consolidation at resistance. Breakout likely..