LIC Housing Finance: Is it tracing back the history.!!

Observations:

• I can see the LIC Housing Finance has broke out of its yearly resistance.
  
• Zooming out, Surprised to witness that, the stock is nearly at the same structure (technically) where it was in 2014. As if it is retracing.
  
• In 2014 after its breakout hits the 500 round figure and corrected.
  
• Now I can presume the 1000 round figure would do the same.
  
• If its financials back-it-up strongly, there is no wonder the price will retrace its pattern once again.
  
  
• One can see the wedge (ASCENDING BOARDING WEDGE) of LIC, playing out (3rd leg) nicely...
  

Clarification on Markings:

• x: pole has double to: 2x
  
• xyz: pole .......?
  

ความคิดเห็น:

The Financials of the Company are in support of what technicals have indicated:
EARNINGS are Almost flat
REVENUE Surprised estimates with 2.68%