Petronet, Expecting a breakout.
All observations on chart.
At lower end of trend line stock has formed a reversal pattern, there a huge volumes in last to sessions.
This is a low risk entry point, on lower trend line of wedge pattern.
Check previous idea for expected breakout, but it failed and stock came down and took support on lower trend line.
At lower end of trend line stock has formed a reversal pattern, there a huge volumes in last to sessions.
This is a low risk entry point, on lower trend line of wedge pattern.
Check previous idea for expected breakout, but it failed and stock came down and took support on lower trend line.
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