Jump to: Pattern Result
Date and Arrival Time: 2021-03-10 10:05
Symbol Name: ULTRACEMCO
Pattern and Direction: Bullish – Pennant
Pattern Completion Price: 6777.00, Pattern Ideal Completion Price: 6752.25
Bullish Pennant Break has arrived at 10:05.
There is a potential Buy opportunity at 6777.00. A safe stop-loss for this Pennant can be kept at 6660.00 as per the pattern or 1% below the completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 12th March – Invalidated
