WELSPUN CORP-Crude Oil Rise Beneficiary

Riding the Parallel Channel , it is close to the bottom of the channel where a reversal is expected.
Support of 50 MA just under it.

Expected : MACD crossover and RSI breakout and Price breakout.

Apart from this Crude oil chart is expected to give a massive breakout.
Chart PatternsTechnical IndicatorslowriskTechnical AnalysisTrend Analysiswelspunwelspuncorp

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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