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Penny stock swing trading: Pattern target indicates a strong 40 per cent up-move - Keep it on your watchlist!
Penny stock swing trading: Pattern target indicates a strong 40 per cent up-move - Keep it on your watchlist!

Penny stock swing trading: Pattern target indicates a strong 40 per cent up-move - Keep it on your watchlist!

This robust movement in the stock resulted in a decisive breakout of a cup-like pattern that persisted for almost 107 weeks.

Karan Dsij Article rating: 4.0

The stock experienced a remarkable surge of over 15 per cent in the initial trading hour. The structure closely resembles one. Significantly, the breakout is supported by robust volume, indicating broader market participation in the direction of the trend.

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