Sansera: Inverted Head & Shoulders + Q4 Power = Bullish Breakout

20 May 2024

Sansera Engineering Ltd. reported impressive Q4 results, exceeding analyst expectations.

Revenue and EBITA surpassed street estimates, prompting brokerage firms to maintain their buy recommendations.

Building on a 36% return in the past year, Sansera's stellar performance positions it for a potential bullish breakout.

Technically, the stock appears on the verge of an inverted head and shoulders pattern.

Observing price action during a breakout or pullback could present attractive short-term return opportunities.

This information as should not be considered as financial advice.