🔹 Technicals:
▸ Base formation followed by a high volume shakeout breakout
▸ Shakeout was followed by a good recovery and the price moved nearly 23% from the low of the shakeout
▸ Price has reclaimed the base and may possibly consolidate before moving towards the ATH
▸ If the price moves out of the base, 400 can be seen as a reasonable target in the short-term
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
▸ Base formation followed by a high volume shakeout breakout
▸ Shakeout was followed by a good recovery and the price moved nearly 23% from the low of the shakeout
▸ Price has reclaimed the base and may possibly consolidate before moving towards the ATH
▸ If the price moves out of the base, 400 can be seen as a reasonable target in the short-term
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
