EIH Ltd: Symmetrical Triangle Breakout Imminent

2 באוק׳

EIH Ltd is forming a symmetrical triangle pattern on the hourly chart, with price action squeezing towards the apex. A breakout above 385 would signal a potential upward move, targeting the 410 zone. The RSI is trending upwards, indicating building bullish momentum. Watch for a volume spike to confirm the breakout, which could result in a swift move higher. Keep an eye on the support at 370 for stop loss placement in case of any pullback.

9 באוק׳

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