HISTORICLE BREAKOUT on chart of Power Finance Corporation!!!!
15 YEAR long consolidation, a perfect triangle pattern on the monthly chart, with beautiful support and resistance and most important- large volumes.
Though it gave BREAKOUT last month, it was facing some selling pressures. This month we got the confirmation of a long upcoming positive trend. After seeing the chart pattern the targets seem to be so aggressive (260, 110 points, 73.77%). We can plan to enter when it crosses this month's high (170.10), as it may again face selling pressure.
Though it gave BREAKOUT last month, it was facing some selling pressures. This month we got the confirmation of a long upcoming positive trend. After seeing the chart pattern the targets seem to be so aggressive (260, 110 points, 73.77%). We can plan to enter when it crosses this month's high (170.10), as it may again face selling pressure.
Trade ativo
It's a BREAKOUT!!!!!!!!!!Trade ativo
☄️☄️ PFC is 73% up from our buying price! ☄️☄️ Stay in this trade for more upper levels.For any query please comment. I'll be very happy to reply!
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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.