Would you preempt or wait for breakout

Gujgas is facing resistance in the price range of 470 - 480.
Next week is crucial for Gujgas and any test of 470 will be trigger to buy this stock for the Target of 540 in the coming weeks.
The Trade plan can be buying 25% position right now and then scaling up as the stock moves in your direction.
The stoploss for this swing trade can be placed at 440.
Chart PatternsTrend Analysis

Also on:

Disclaimer