HONASA

148
HONASA forming flag and pole pattern. Only bad thing is lacking volume. But whenever this kind of formation forms, i usually found institutional participation in that stock. Once they have infused all they want- the next run starts!! To finish and coming out of this consolidation needs to Close above 355, which seems mandatory IMHO. On lower side closing below 339 may change my view. Keep it in radar. Don't jump it blindly!!!

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