Dear traders,
In this stock there is a cup and handle breakout pattern is formed.
As we can see that we can buy this stock at breakout.
Formula for take profit--
Breakout price+ (highest of the either side of the cup - bottom of the cup )*50%
= 580+(580-520)*50%
=580+30=610
Stop loss--
= Bottom of the cup
=561
In this stock there is a cup and handle breakout pattern is formed.
As we can see that we can buy this stock at breakout.
Formula for take profit--
Breakout price+ (highest of the either side of the cup - bottom of the cup )*50%
= 580+(580-520)*50%
=580+30=610
Stop loss--
= Bottom of the cup
=561
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.