This will remain as one of my most favourite idea if breakout goes successful.
Trade logic: An inverted head and shoulder breakout is on the cards.
The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed.
However, the stock again has created an inverted head and shoulder pattern with the same neckline in a much lesser time compared to previous pattern. (4 years then vs 2.5 years now)
Stock has cranked up its volume getting ready for a good breakout. Confirmation above 920.
I wont be surprised if this stock breaches ATH levels if the breakout is successful.
A good pharma stock from investment perspective as well. Keep in watchlist.
Do like, comment and follow for such more ideas!
Trade logic: An inverted head and shoulder breakout is on the cards.
The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed.
However, the stock again has created an inverted head and shoulder pattern with the same neckline in a much lesser time compared to previous pattern. (4 years then vs 2.5 years now)
Stock has cranked up its volume getting ready for a good breakout. Confirmation above 920.
I wont be surprised if this stock breaches ATH levels if the breakout is successful.
A good pharma stock from investment perspective as well. Keep in watchlist.
Do like, comment and follow for such more ideas!
İşlem aktif
Not
I'm lovin' it! What a blasting move post breakout. ATH levels should be seen soon.Not
T1 done!Not
T2 done. 1200+ already done. A new ATH is made and bull run has just startedNot
1500+ done . more than 75% returns
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.