PCHEM - FORMING CUP AND HANDLE PATTERNIMO, CUP AND HANDLE PATTERN WAS FORMED ON H4 PCHEM CHART
BASED ON THIS FORMATION, MY TARGET IS AT 8.90 AND 11.80
STOP LOSS AT 3.80
PCHEM
PCHEM - Upside Space RemainsPCHEM
Rst: 8.31
Spp: 7.80
Hammer candle emerged above Fibo Ext 61.8%, positive move and no sign of softening observable from RSI, MACD. Reaching Fibo 100% is possible.
PCHEM - Bullish Metrics Strengthened!PCHEM
Rst: 6.63
Spp: MA200
Bullish island reversal formation with new candle pierced through both MA200 strong resistance trendline again with above Fibo Extension 50% as well, further upside possible.
PCHEM - Cup & Handle FormationPCHEM
Rst: 6.03
Spp: 5.65
Bearish candle pulled back below upper BB, no major threat from indicators, still right above C&H breakout level. Chance to visit MA200 remains.
