Motherson - Cup & Handle and Flag & Pole

30 de dez. de 2023

Motherson has made a cup and handle breakout and a flag and pole pattern. We have a breakout and we can expect price to move to 145. The beauty is if you see the target price - whether by way of cup and handle breakout or flag & pole pattern - we have same target.

Other factors:
1. RSI is above 60
2. MACD is positive
3. Volume is increasing, see breakout volume candle

"Clean Charts, Easy Charts"

Learning & Earning!!!

Cheers!!

1 de jan.

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Touched 108 today..move is on..Cheers!!!

27 de jan.

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Price moved to 115..moving towards our target. Cheers!!!

29 de jan.

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117 today..moving towards our target..Cheers!!!

6 de fev.

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119.5..Cheers!!!

28 de abr.

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132..wow!!! and now we can see a new journey..broken a big resistance with good volumes, we can see good movement

13 de jun.

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167 today!!! Cheers!!!!