Lemontree follow up.
Stock price had broken out above the perennial resistance of 71-72 on 5 august 2022 with huge volumes and posted a high of 79.10 post that. It then corrected and went down below the previous resistance zone (which was supposed to act as support, but was briefly breached for few days in a shakeout kind of move) posted lows in region of 66-67 and resumed its upmove, re crossing the resistance zone mentioned before at 71-72.
On daily charts we have a double bottom at 57, confirmed by a breakout past 71 , going up to 79, and again a retest of breakout pattern. Now if going ahead pattern plays out, double bottom target can be close to 85-86. cmp 73. disc: invested as mentioned before.
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