INDIANB Ascending Triangle Breakout

16 באוק׳ 2021

• From a weekly timeframe perspective, INDIANB did a strong breakout with good volumes from an Ascending Triangle pattern
• Stock was taking support at the 50 EMA and now has broken 200 EMA on the upside
  
• Can wait for a minor pullback to happen and then enter based on the daily timeframe.
  
  
  Has a good potential on the upside with a Risk/Reward of 1:6