Ultramarine pigments - positional long
This chart recently made 2 interesting chart patterns. Initially it made a head and shoulder pattern, neckline was broken and stock price went down. Now chart made completely reverse pattern that is inverse head and shoulder. Breakout came from its neckline and now price is cooling down to retest.
Initiate a buy around 255, aim for a target of 414. Keep a stop loss below 330.
All levels are on daily closing basis.
Initiate a buy around 255, aim for a target of 414. Keep a stop loss below 330.
All levels are on daily closing basis.
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