POWERGRID - very bearish after breaking out of double top
- DOUBLE TOP BREAKOUT -
price of
POWERGRID has recently broken out of a perfect double top pattern indicating strong downward pressure for the stock - MORNING STAR CANDLESTICK -
price has formed a morning star candlestick pattern at the last peak indicating bearish momentum for the stock - CROSSED BELOW 200D SMA -
the price has also recently crossed below 200D sma which is an indicator of strong downside pressure for the stock.
TARGET -
the price will go till 301.9 level
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Feragatname
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