Wave 5 startedIt has a broken above a small base pattern with bullish momentum signals. Wave 5 seems to have started.
MAHSCOOTER
Mahscooter MONTHLY BRACKOUTMahascooter monthly chart brackout this is good share for the long term basis
MAHSCOOTER - Price at Ascending channel support zone - SwingThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
The stock is backed by good fundamentals. Upmove has been well supported by Volume.
Trade setup is given in chart itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis.
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