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THREETREND RESEARCH

15th Sep · SEBI Registration INH000022729

A Rounding Bottom breakout is a bullish reversal pattern

SOLARINDS
A Rounding Bottom breakout is a bullish reversal pattern that develops gradually after a prolonged downtrend. Price forms a rounded U-shaped base, showing that selling pressure is gradually weakening and buyers are gaining control. The breakout occurs when price decisively moves above the resistance/neckline formed near the previous highs, ideally with strong volume. A successful breakout can indicate the beginning of a new uptrend, while a move back below the breakout level can signal a false breakout. Key confirmation: Rounding bottom + resistance breakout + volume expansion = stronger bullish setup. chart is attached so that you can relate study . kindly go through attached chart.

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