The stock experienced an upward trend, forming an Ascending Broadening Wedge pattern that suggested a bearish outlook.
Following a breakdown, the stock price fell sharply and entered a consolidation phase.
During this period, the stock exhibited progressively smaller price fluctuations, establishing a series of consolidation bases, each one tighter than the last, formation of a Volatility Contraction Pattern.
After breaking through this phase, the price reached an all-time high and is now set to climb even further.
DEEPAK NITRITE
During the upward trend, the stock price established a Pole & Flag pattern, signaling a continuation of the trend.
However, following the breakout, the price underwent a significant consolidation phase, resulting in the formation of a Rounding Bottom pattern.
Recently, a breakout has taken place, indicating that the price is poised for an upward movement.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.