THPLANT - Cup and handle breakout?We observed a complete cup and handle formation, and it already breakout the neckline 0.570. Its best to wait for next breakout of resistance at 0.615.
EP 0.615
TP 0.685, 0.745 (support become resistance), 0.955 (cup depth)
SL 0.565
Speed: Fast with only 119M shares float (14% of 883M shares)
Sentiment: Bullish CPO
Plantation is cyclical sector, therefore it only rally during bullish sentimen of commodities - in this case - CPO.
TAYOR
