ULTRATECH Ready for a BULLISH RALLY??!!!

Chart does show indications for the above opinion.

1. Inverted Heads and Shoulders pattern (both daily and weekly time frame shows it clearly)
2. Cup & Handle pattern in Daily time frame
3. Entry only after a Breakout above the pink trendline !!
4. 1st Target can be depth of cup nearly 900 points.
5. After achieving the target of cup & handle, we can move on with H&S target.

Strict Stoploss must be day candle closing below the breakout candle low.

Note: Just sharing my view...not a tip nor advice !!

Kommentar:

Still waiting for breakout.
Pink line is major resistance. LET'S SEE

Kommentar:

Pink trendline resistance broken....good time to enter.

Trade ist aktiv:

Good conslidation and Steady move !!!

Kommentar:

Bulls still fighting....Formed a bullish harami...
Weekly Breakout candle's high still not tested....
stick with the SL(DAY CANDLE CLOSES BELOW 6905).

Kommentar:

BULLS MAKING A COMEBACK !!!

Trade ist aktiv

Trade geschlossen: Stop wurde erreicht