Burger king is consolidating for a time and has also formed a double bottom. Chart pattern and MACD single are showing some trend reversal sign means single for a bull run.
Buying zone - 130 or below
Targets - 150 ,170, 170+
FAQ
- What are Double top and double bottom?
Answer - Double top and double bottom are reversal chart patterns observed in the technical analysis of financial trading markets of stocks, commodities, currencies, and other assets.