UCOBANK - 16% upside potential

2022年10月25日

UCOBANK has given inverted head and shoulder breakout around 12.5 levels.
Entry: on daily candle close above 13 levels.
SL: Below 12.3 levels.
Target: Around 14.5
Note: PSU Banks are bullish and this is underrated stock, we may see some rerating based on results. Price action seems to be already confirming long.
Usually Inverted HnS pattern depicts trend reversal, so this may be the bottom for the stock.

2022年11月3日

トレード終了: 利益確定目標に到達

Target reached :)

2022年11月3日

ノート

It is looking bullish and good to hold for long term as well with trailing SL.

2022年11月25日

トレード終了: 利益確定目標に到達

Reached 21 ;-)

2022年12月16日

トレード終了: 利益確定目標に到達

From breakout level of 12.5, stock has now reached 36, that is almost 3 times within 1.5 month. One should have conviction to hold n ride the profit ;-)