$THE is forming a Descending Triangle Pattern on the 15M chart, indicating a potential breakout to the upside.
📈 Entry Point: CMP ($2.952) and add more up to $2.905 for optimal risk-reward.
🎯 Targets:
Midterm Goal: $3.800 (~28% increase)Long Term Goal: $4.402 (~49% increase)
📉 Stop-loss: $2.700 (below the triangle's support).
📊 About $THE: $THE is showing consolidation near a key support zone, and a breakout from this descending resistance could result in significant upside. Watch for volume confirmation before entering the trade.
📢 DYOR, NFA
