LUMAXTECH - Classic Cup and Handle BO Pattern

This stock has formed the classic cup and handle pattern indicating a possibility of a breakout.
Stop loss can be maintained at 158, which is the bottom of the handle.

Supporting Technicals:

RSI: 65.6 ( Bullish but not overbought)
MACD is above its center and signal Line, this is a bullish indicator.

P.S: This idea is for educational purposes only and should not be construed as an investment advice.

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