Descending Triangle Breakdown - Lupin

٢٥ أبريل ٢٠١٧

Lupin has been in a bearish phase since October 2015 & making lower lows & lower highs since then. Having consolidated around 1400-1500 range it gave a downward breakdown yesterday. The stock will be under watch this week to see if the breakdown is true or false

١٧ مايو ٢٠١٧

ملاحظة

The breakdown was confirmed in the very next week after publishing of the idea. We're seeing a pullback in the price currently but the downward pressure is here to stay