TATATECH @ 710 UPDATE
So far stock retraced 50% of its last up move and formed a double bottom kind of formation on daily chart around 695 spot levels & also a bullish W pattern got visible on charts. Stock has immediate resistance placed at 727-730 spot levels. Daily close above 727—730 stock triggers bullish W formation breakout and opens for next leg of rally towards 800++ levels.
After close above 727—730 one can use 695 as pattern negation level to play the upside given.
So far stock retraced 50% of its last up move and formed a double bottom kind of formation on daily chart around 695 spot levels & also a bullish W pattern got visible on charts. Stock has immediate resistance placed at 727-730 spot levels. Daily close above 727—730 stock triggers bullish W formation breakout and opens for next leg of rally towards 800++ levels.
After close above 727—730 one can use 695 as pattern negation level to play the upside given.
