InfinityCapital

Accumulating Fairchem for a target of 600-650

Long
NSE:FAIRCHEM   None
Fairchem has corrected 28% from recent highs. There are 4 accumulation days in the recent few weeks. The stock has reclaimed 50 DMA and 200 DMA with above-average volume. TTM Profits are up 100% from March 2019
Comment:
650 achieved
Comment:
new high above 715

Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
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