SMS Pharma: Symmetrical Triangle - Technical Breakout

In last 6 month trading sessions SMS Pharma forming "Symmetrical Triangle" in chart pattern (Check Picture). It is good sign  for stock to move Upwards if this momentum continue.

Symmetrical triangle is such kind of Pattern to use breakout / break down it forming when Lower High and Higher Low continuously come will break out at one point.

Now SMS pharma also forming such pattern it will break this trend any time between price of 94 to 92 once break out then it will reach next retracement level of 135.

Do your own review before invest or trade.

Credits: Investing.com