TOWR Forming Handle of "Cup & Handle" Pattern
Updated
As we can see here, the daily chart made a perfect cup pattern from 1 Mar to 3 Jun 2021.
Currently price are moving upwards to make a handle.
1270 is the current resistance.
Currently price are moving upwards to make a handle.
1270 is the current resistance.
Note
Price are going up at the very same day this ideas are made (5 Jul 2021) and closing above 1270.The next target is aiming for 1320-1330 area.
Trade closed: target reached
Target reached 1340.
Disclaimer
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.