Cup&Handle formation and Fib Golden Zone Reversal in #APOLLO
The chart shows a promising Cup and Handle formation in #APOLLO, suggesting a potential bullish trend ahead🚀 Also the stock has taken a proper reversal at Fibonacci Golden Zone
Key Points:
1. Crossed Monthly Resistance
2. Reversal at Fibonaci Golden Zone
3. Promising Defense Sector Exposure
4. Strategic partnerships with DRDO, DPSUs, BDL etc.
5. Strong order book
6. Increased geopolitical tensions globally could fuel demand for defense equipment.
Key Points:
1. Crossed Monthly Resistance
2. Reversal at Fibonaci Golden Zone
3. Promising Defense Sector Exposure
4. Strategic partnerships with DRDO, DPSUs, BDL etc.
5. Strong order book
6. Increased geopolitical tensions globally could fuel demand for defense equipment.