12th April 2021 – Cypher – ULTRACEMCO

Jump to: Pattern Result

Date and Arrival Time: 2021-04-12 15:15

Symbol Name:  ULTRACEMCO

Pattern and Direction: Bullish Cypher

Pattern Completion Price: 6467.00, Pattern Ideal Completion Price: 6515.75

A Bullish Pennant Break has arrived at 15:15.

This is a pattern with a formation span of  14 days.

There is a potential Buy opportunity at 6467.00. A safe stop-loss for this Bullish Pennant Break can be kept at 6368.70 as per the pattern invalidation level PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .


Let’s see how this pattern performs in the next few days – check back in later for the analysis

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