TECH M! Retest and Continuation??
Updated
Tech Mahindra has been consolidating for quite a while now. just as with any other cream IT Company, looks like it's gearing up for some momentum.
It formed a beautiful symmetric triangle breakout and is now in a retest mode. A continuation of that breakout can trigger some good momentum.
Also, check out our opinion on the overall IT Sector.
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It formed a beautiful symmetric triangle breakout and is now in a retest mode. A continuation of that breakout can trigger some good momentum.
Also, check out our opinion on the overall IT Sector.
What do you think??
If it was worth your time, do give us a like. Anything on your mind? Feel free to leave us a comment :)
DISCLAIMER: WE ARE NOT ADVISORS. WE ARE NOT REGISTERED. THE IDEAS ARE MERELY PERSONAL OPINIONS. PLEASE CONSULT YOUR FINANCIAL ADVISORS BEFORE INVESTING. WE, LIKE EVERYBODY ELSE HAVE THE RIGHT TO BE WRONG :)
Note
Updated Price Action :Note
Out of the zone but with a volatile twist. Long wicks:Note
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