HBL cmp 640. The daily chart attached shows multiple patterns within a single chart.
- First there is a double bottom between 378 to 612 ( confirmed few weeks back on breakout above 612) with a potential target of 846. All marked in fluorescent green.
- Next is a Wolfe Wave triangle marked in blue with a target line also marked. Target of that WW achieved.
- Third is a rising channel marked in solid sea blue color wherein recently stock price consolidated in the region of 600-610 for a few days at lower end of channel.
- Last is the small double bottom between 600 and 647 again marked in sea blue dotted lines.
For someone wanting to observe charts for patterns within patterns happening within a short time frame, this is a great example to learn stuff. ( disc; I am invested, and this is not a recommenndation but put up to show examples of multiple patterns within a single chart window. )
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