Spicejet Flag Pennat Formation/ Upward Channel
Stock is an upward channel.
Broke recent resistance and now is consolidating in a pennant formation.
A break above should be into above 136, for targets towards the channel resistance unless any reversal indicated.
Broke recent resistance and now is consolidating in a pennant formation.
A break above should be into above 136, for targets towards the channel resistance unless any reversal indicated.
Go short if stock goes below 110 on Monday for a target of 98 OR buy on bounce back.