Cup and Handle + Triple bottom on IBULHSGFIN
I see a Triple bottom and a cup and handle pattern on IBULHSGFIN , weekly chart.
Need to wait for the neckline to break (240) before we consider the stock to be bullish
First target will be 292 (3rd bottom's depth)
Second target will be 338 (2nd bottom's depth)
Estimated time will be 3 to 5 months
This idea is only for education purpose, NOT for trading.
Need to wait for the neckline to break (240) before we consider the stock to be bullish
First target will be 292 (3rd bottom's depth)
Second target will be 338 (2nd bottom's depth)
Estimated time will be 3 to 5 months
This idea is only for education purpose, NOT for trading.
Commento:
Target 1 hit....