{"id":4237,"date":"2024-04-23T16:20:41","date_gmt":"2024-04-23T11:20:41","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=4237"},"modified":"2024-04-23T16:39:53","modified_gmt":"2024-04-23T11:39:53","slug":"tgl-cup-handle-bullish-formation-and-breakout","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/tgl-cup-handle-bullish-formation-and-breakout\/","title":{"rendered":"TGL Cup &amp; Handle bullish formation and breakout"},"content":{"rendered":"\n<p>Tariq Glass Limited (TGL) formed a cup &amp; handle pattern few days ago. The stock has now broken out of this pattern with a bullish candle on high volume. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"565\" src=\"https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April-2-1024x565.png\" alt=\"\" class=\"wp-image-4242\" srcset=\"https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April-2-1024x565.png 1024w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April-2-768x423.png 768w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April-2-640x353.png 640w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April-2-400x221.png 400w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April-2-367x202.png 367w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>TGL had a volume of <strong>1.49mn<\/strong> shares today which is well above its average daily volume for this year.  <\/p>\n\n\n\n<p>The company also has its <a href=\"https:\/\/www.ksestocks.com\/BoardMeetings\" target=\"_blank\" rel=\"noopener\" title=\"\">board meeting<\/a> on the coming weekend and the stock could well be positioning itself for a possible positive result.<\/p>\n\n\n\n<p>Either way, it is worth keeping an eye on. The economy seems to be opening back up and interest rate cuts could start anytime. In such a scenario, cyclical stocks like TGL always benefit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ariq Glass Limited (TGL) formed a cup &#038; handle pattern few days ago<\/p>\n","protected":false},"author":12,"featured_media":4241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[127],"tags":[197],"class_list":["post-4237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis","tag-tgl"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/TGL-technical-analysis-23-April.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=4237"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4237\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/4241"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=4237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=4237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=4237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}