# 16 Long Whirlpool for a Target of 2700 and 2850.

4 thg 7, 2020

WHIRLPOOL

Reason Being:
1. Formation of Triangle pattern and Expected Upper Breakout.
2. Stock is Forming Higher High Pattern in Daily Time Frame
3. The stock has faced Resistance in the zone of 2125 - 2170 and has been tested multiple times.

Every Price Action Pattern after breakout provides some Target Range and according to Triangle:
Entry Price: Above 2200+
Target Price: 2700 and then 2850
View Negated Below: 2060 in Closing Basis.

#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.