KINGFA - DOUBLE WHAMMY - RDB + H & S
Weekly chart
1) Broad Rounding Botoom formation (RdB) completed post which breakout with good volumes observed.
2) Within RdB, H&S pattern with neckline breakout observed.
3) Conservative target of 1075 - (1075-625)*0.5 = 1300 plus
4) Stop at 1000.
1) Broad Rounding Botoom formation (RdB) completed post which breakout with good volumes observed.
2) Within RdB, H&S pattern with neckline breakout observed.
3) Conservative target of 1075 - (1075-625)*0.5 = 1300 plus
4) Stop at 1000.
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Trading is my passion.
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