As can be observed from the chart. The stock pulled back exactly 38.2% of the previous bull move and retraced. In my previous post this retracement was interpreted as an type but as the price action unfolded it appeared quite more than that. The stock made a nice move and faced resistance near 200 odd levels. Currently it seemed to have started the last leg of a five wave move. Any pullback should be seen as a buying opportunity as the stock has a potential to retest 210-215 level.
Trade safe, stay healthy
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I am pleased that the stock has provided us a great opportunity to learn and earn..ending this post with this snapshot.