Crompton Greaves - Bullish Flag Breakout?
After moving consistently within a Flag formed, the stock looks ready for its next leg up.
However, breakout of the Bullish Flag pattern has been followed by a tentative looking Doji.
Therefore, decision to buy will depend on tomorrow's opening (26.05.2021).
A positive opening looks like an opportunity to buy whereas a negative opening would move the stock back into the watchlist until the next breakout.
However, breakout of the Bullish Flag pattern has been followed by a tentative looking Doji.
Therefore, decision to buy will depend on tomorrow's opening (26.05.2021).
A positive opening looks like an opportunity to buy whereas a negative opening would move the stock back into the watchlist until the next breakout.
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