FILATEX INDIA - Pennant Pattern History
This analysis is inspired after a well wisher asked me a query on this stock.
I see this stock has had a pattern so far of jumping from the 20 SMA in the form of a pennant pattern while riding the Rising Parallel Channel.
This time around the 20SMA support is formed near the midline of the channel which is why I suspect the channel resistance can be broken.
Lets wait and watch how it performs.
I see this stock has had a pattern so far of jumping from the 20 SMA in the form of a pennant pattern while riding the Rising Parallel Channel.
This time around the 20SMA support is formed near the midline of the channel which is why I suspect the channel resistance can be broken.
Lets wait and watch how it performs.
Ordem cancelada
Stoploss is very likely going to get hit. Markets have a bearirsh sentiment
Aviso legal
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