DB Corp | Bullish Structure | C&H Pattern | Multiyear Breakout
DB Corp has a bullish structure, supported by volume, a BO from a C&H pattern yet to be confirmed. It's now trading at multiyear breakout level.
Short term caution is advised due to the overbought RSI. A pullback to a support level may provide a better entry point for long term investors.
Wait n watch for Confirmation, If the stock maintains above the BO levels with consistent volume, it’s likely to continue its upward trend.
Keep an eye for entering into new positions.
Dics strictly only for educational purposes.
Short term caution is advised due to the overbought RSI. A pullback to a support level may provide a better entry point for long term investors.
Wait n watch for Confirmation, If the stock maintains above the BO levels with consistent volume, it’s likely to continue its upward trend.
Keep an eye for entering into new positions.
Dics strictly only for educational purposes.
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