HBS.N0000 - Falling wedge pattern

Updated
Falling wedge pattern and bullish divergence in daily chart. Wait for a pullback and target around 20-25.

Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Note
Buy Zone - 12 to 12.5
Note
HBS still consolidating in buy zone.
Note
HBS moving out from buy zone and now it's trading above 50 DMA. This is indicating a possible bullrun for this stock.
Chart PatternscseasicsedailycselkTechnical IndicatorssrilankastockanalysisstockpicksstockstobuystockstowatchstocktradingTrend Analysis

Also on:

Disclaimer