Possible Cup and Handle Breakout in CL EDUCATE weekly chart

Aug 30, 2022

Stock has given breakout from its cup and handle pattern, yet there is no significant volumes on breakout. For pattern confirmation price has to close above 170 in weekly chart.

At present Stock has given a cup and handle breakout with significantly good volume in daily chart and may come for retest at 170-150 levels.

For further strong up move, price has to close above 187.

All possible targets are marked on the chart. Maintain strict stop-loss at 130.

This is just a view, not recommendation to trade. Do your own analysis before making any investment.

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CLEDUCATE