NCL industries is looking good on charts.
Making Cup and handle on Weekly charts and even made double bottom pattern as it hit 200 W Moving Average.
Monthly chart we can see made big Rounding bottom and is ready for upswing.
We can say it's an early call as 240-45 looks important resistance zone for now.
Once move above it we can see big Break out with the targets of 280-85 it's all time high that can be breached and stock can move in uncharted territory.
Watchout for it.
Disclaimer - views are personal not a recommendation of buy-sell, please take advisors help before investing.
Making Cup and handle on Weekly charts and even made double bottom pattern as it hit 200 W Moving Average.
Monthly chart we can see made big Rounding bottom and is ready for upswing.
We can say it's an early call as 240-45 looks important resistance zone for now.
Once move above it we can see big Break out with the targets of 280-85 it's all time high that can be breached and stock can move in uncharted territory.
Watchout for it.
Disclaimer - views are personal not a recommendation of buy-sell, please take advisors help before investing.
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