Symmetrical Triangle Breakout
1. Stock has given breakout from Symmetrical Triangle pattern and 20 days of consolidation zone. Which is a bullish sign.
2. Volumes are also supportive, rise in volume during up move and vice versa during down move.
3. MACD has crossed above its 0 line which is bullish signal for short term.
can go long in 2 3 chunks with stop below 1000.
2. Volumes are also supportive, rise in volume during up move and vice versa during down move.
3. MACD has crossed above its 0 line which is bullish signal for short term.
can go long in 2 3 chunks with stop below 1000.
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