Subex (Daily) - Inverted Head & Shoulders Chart Pattern Formation
Target - Generally you can take the depth of the head
But the first conservative target would be 70.2
Seems to be in 3rd wave on the daily timeframe
RSI is above 60
Stochastic 14,3,3 is in positive crossover
+DI is above -DI and ADX is above 15 in the Directional Movement Index (DMI)
Seems to be forming cup and handle chart pattern on the monthly time frame
Target - Generally you can take the depth of the head
But the first conservative target would be 70.2
Seems to be in 3rd wave on the daily timeframe
RSI is above 60
Stochastic 14,3,3 is in positive crossover
+DI is above -DI and ADX is above 15 in the Directional Movement Index (DMI)
Seems to be forming cup and handle chart pattern on the monthly time frame