23rd March 2021 – Pennant – HEROMOTOCO

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Date and Arrival Time: 2021-03-23 13:45

Symbol Name:  HEROMOTOCO

Pattern and Direction:  Bearish Pennant

Pattern Completion Price: 3078.25, Pattern Ideal Completion Price: 3100.05

There is a potential Sell opportunity at 3078.25. A safe stop-loss for this Pennant can be kept at 3132.00 as per the pattern or 1% above the completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .


UPDATE: 26th March – Success

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