1. The stock is trading in a ATH zone and break above 195 can ignite the stock.
2. Bullish Head & Shoulders Pattern is clearly visible and the neckline is still intact.
3. Once the Neckline is broken, it will trigger the entry and we can expect levels of 280/300 very soon, in 3 to 9 months
4. This is a weekly chart and noise in daily / hourly charts to be ignored. For decision making, strictly following 'weekly close' will save us from fakeouts or any other wrong decision making.
Do your analysis and decide the trading plan that suits your trading style.
2. Bullish Head & Shoulders Pattern is clearly visible and the neckline is still intact.
3. Once the Neckline is broken, it will trigger the entry and we can expect levels of 280/300 very soon, in 3 to 9 months
4. This is a weekly chart and noise in daily / hourly charts to be ignored. For decision making, strictly following 'weekly close' will save us from fakeouts or any other wrong decision making.
Do your analysis and decide the trading plan that suits your trading style.