Subex has broken out of channel on weekly post deal with Jio. Next target is 69. Good volumes even on weekly. The multi year Cup and Handle seems to have completed its formation. If 74 level is broken and it sustains, then stock may skyrocket to 690 levels in coming months
Yorum:
Seems there was a fake breakout. Same trendline has now acted as a resistance and stock has become bearish for now. Always a learning.