MRPLLong
MRPL : Ascending Broadening Wedge
Although not 100% valid pattern, however, If the scrip breakout from core resistance level of 141, One can aim for price target as defined
Enter above 143 (Post confirmation) as the day chart is showing bearish retracement for now after uptrend..
MACD golden cross (bullish breakout pattern) also seems to be showing the way where short term moving average goes above long term average
Post-breakout, The bullish surge can quickly make it to price target..
Enter above 143 (Post confirmation) as the day chart is showing bearish retracement for now after uptrend..
MACD golden cross (bullish breakout pattern) also seems to be showing the way where short term moving average goes above long term average
Post-breakout, The bullish surge can quickly make it to price target..
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