Long On BASF

BASF

BASF has given a breakout in a cup and handle pattern. Retracement is also completed after the breakout. Now the price is building up in a flag pattern. After forming a bullish candle, one can think for LONG on BASF.

Note: This is only for educational purposes and do your own research before investing.

Few examples of CUP pattern breakouts are Dr.Reddy, Cadillahc etc.
Chart PatternscupandhandlepatternTrend Analysis

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