Tata Steel Inverted Cup and Handle Pattern

4 באוק׳ 2020

Tata Steel looks weak and appears to be forming an Inverted Cup and Handle Pattern in the daily chart. I would look to short it in the supply zone of 370-375 for targets of 360/343/330.

5 באוק׳ 2020

הערה

I have put SL on two consecutive closings above 380

5 באוק׳ 2020

עסקה פעילה

CLOSED AT 382. WILL WAIT FOR ONE MORE CLOSING ABOVE 380 TO EXIT.

6 באוק׳ 2020

עסקה פעילה

Closed below 380 levels

7 באוק׳ 2020

עסקה פעילה

Closed at 371. Drop below 370 levels might open 360 levels

12 באוק׳ 2020

הערה

Made a low of 362.