has formed rounding bottom in monthly chart. The resistance which is also the completion of rounding bottom around the level 43- 46 should break with high volume
. When price action breaks it with significant volume
, price will move up further. I expect this stock to gain 15 to 20 points in one to two years. The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an uptrend. This pattern forming in the monthly chart indicates this script is turning more bullish
. When buyers enter the market at a low price, it increases the demand for the stock . Once the rounding bottom is complete, the stock breaks out and will continue the uptrend.