SBIN: Pennant breakout!
State Bank of India has had its Pennant breakout last week.
The pennant breakout is usually considered a continuation pattern although in this case it appears like a reversal pattern.
This short term breakout pattern could be a good LONG opportunity as SBIN reverses from it strong support zone.
Time your entry and enjoy the ride!
The pennant breakout is usually considered a continuation pattern although in this case it appears like a reversal pattern.
This short term breakout pattern could be a good LONG opportunity as SBIN reverses from it strong support zone.
Time your entry and enjoy the ride!
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