INDIAN ENERGY EXC LTD
Largo

INDIAN ENERGY EXC LTD (IEX)

1 159
IEX: Breakout & Retest from Rectangle Pattern

Key Observations
Breakout and Retest: The price has broken above the resistance level (neckline) of the cup and handle pattern, confirming the bullish signal.


RSI: The RSI is above 60, suggesting a bullish bias.

Volume: Increased volume during the breakout and subsequent pullback confirms the significance of the price movement.




Disclaimer: This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.