SAKUMA
SAKUMA
Time Frame – Weekly
Technical Observations –
1) Range breakout and Flag & Pole pattern breakout done with high volume.
2) One can also say that this is cup & Handle pattern breakout.
3) Price closed above weekly 200 SMA with high volume
4) RSI range & trendline breakout seen
Resistance – 22.65/29.65/34.50/42.50
Support – 9.65 & Weekly 200 SMA
DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.