the stock has broken out of a triangle/wedge pattern with good volumes. targets - 300, 311 are possible.
Descending triangle breakout + Momentum surge
LOOK AT RSI(14) WE CAN SEE A BOUNCE FROM 40 ODD ZONE ALSO, SYMMETRIC TRIANGLE FORMATION CAN BE SEEN INDICATING A RANGE CONTRACTION. BREAKOUT FROM THE RANGE CAN SEE A GOOD RALLY TILL 330 LEVELS VIEW INVALID BELOW 250(DCB) DISCLAIMER: EDUCATIONAL VIEW
sequent is forming triangle pattern.once it gives breakout go on buy side for target of 10%.
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Also, the final target is more than 50% from here and thus price may take few months to reach the final target. Trade setup is explained in image itself. Also check out the...
Sequent Scientific breaking out from rectangle. All time High.
Fundamentally very strong company, keep it long
This is what I call a double breakout in one day
Sequent Scintific_ B/O After Long time. Buy on dip near 165
Coming out of a VCP or a cup and handle pattern. Awaiting a breakout. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it...