HITECH LUBRICANT | Weekly Scale | Inverted HnS Pattern

15 בדצמ׳ 2023

HTL has just broken its downward trend after the formation of an inverted head and shoulder pattern (bullish reversal). We are currently witnessing a bullish trend with a first upside target of 36 and 37.

Dynamic support (EMA) can be used as a stop-loss for any long position.