Break-out on cards and 18% rally for PRISM JOHNSON?

6 พ.ย. 2023

There are three bullish confluences that you can see on this chart.

1.According to Elliot wave model the stock is taking off in wave III of 3.
2. A probable cup and handle breakout attempt.(target for this pattern comes in at around 200 Rs.)
3. Breakout attempt from imp 6 years old(2018-2023) horizontal resistance zone (145-150(Rs.))

The stock can give a swift move once it decisively closes above 150 mark.

Note*- This is not a buy/sell recommendation. This post is for educational purpose only.

23 พ.ย. 2023

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