WOCKHARDT LTDLong
PROBABLE WEEKLY INVERTED HEAD AND SHOULDER BREAKOUT POSSIBLE
A probable Inverted Head & Shoulder Chart Pattern Breakout will happen on the weekly Time frame of WOCKPHARMA
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only after successful breakout confirmation.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
WOCKPHARMA Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only after successful breakout confirmation.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
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