RS3175

RS3175

CL has been making lower highs and lower lows since October 2020. It is in a rectangular formation since May this year. On 15 August, it nearly reached its 200 EMA. If it breaks below, 200 EMA in coming days, it may reach 70. If it doesn't and reverts, it will reach 80.

RS3175

CHPT has been on a downtrend since September 2022 forming lower highs and lower lows. The triangle formation is nearly complete. If CHPT bounces from support level of 7.32, it will go into a steady uptrend, reaching its price target of nearly 15 by mid-2024. If the stock loses the support level of 7.32, it may as well reach 5 by end of year.

RS3175

Formation of a symmetrical triangle is almost complete. A breakout likely by end-September. First resistance at 64 by end-2023 which will then reach 70 by Feb-2024.