HITECH LUBRICANT | Weekly Scale | Inverted HnS Pattern
HTL has just broken its downward trend after the formation of an inverted head and shoulder pattern (bullish reversal). We are currently witnessing a bullish trend with a first upside target of 36 and 37.
Dynamic support (EMA) can be used as a stop-loss for any long position.
Dynamic support (EMA) can be used as a stop-loss for any long position.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.