Firstsource Solutions Third wave with Cup and Handle

First source solution (FSL) looking for breakout from parallel channel. Third Elliot Wave has been started which can be confirmed by volume blast.
Formed cup and handle pattern which is near breakout point.
All dips towards 42.3 - 40 are long opportunity Stop Loss 34.9 on daily closing basis. Check chart for more details.
Third wave target 58
Fourth Wave target 47
Fifth Wave 61+
All details marked in chart. Stock may not follow exact plotted numbers there could be small variation.
Disclaimer: Trading based on this analysis may not be suitable for all investors/traders.
Consult your financial advisor before trading/investing.
Formed cup and handle pattern which is near breakout point.
All dips towards 42.3 - 40 are long opportunity Stop Loss 34.9 on daily closing basis. Check chart for more details.
Third wave target 58
Fourth Wave target 47
Fifth Wave 61+
All details marked in chart. Stock may not follow exact plotted numbers there could be small variation.
Disclaimer: Trading based on this analysis may not be suitable for all investors/traders.
Consult your financial advisor before trading/investing.
Trade ativo
Entry 42.7Nota
FSL rocking at 51 more to comeTrade fechado: objetivo atingido
Made high 58.4 today.Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.