Captain Polyplast strong breakout with huge rounding bottomCPL has given a strong rounding bottom breakout with its previous high, looking good for medium to long term.
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CPL trade ideas
CPL CHANNEL PATTERN RSI BULLISHHello
Welcome to this analysis about CPL , we are looking at daily and weekly timeframe perspectives. CPL in recent times heavily decreased with bearishness however it now moved into an oversold condition. CPL is developing here that will be a decisive factor in the upcoming times. I discovered the main formation CPL is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how CPL has emerged with this key Channel Pattern And RSI bullish marked in my chart with the black boundaries. CPL is near Weekly Support Zone which is an important Support and also psychological support .
In this manner, thank you for watching my update-analysis about CPL and its major Channel pattern with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
Best shorting opportunity #CPL # PENNYSTOCKSShorting @ 40
First Target @ 35
Second target @ 30
Lead time : 3 days
