📈 Key Points:
1. Up-Trend Momentum: The stock is riding a strong up-trend, signaling positive market sentiment.
2. Breakout Confirmation: A recent breakout, coupled with a successful retest, indicates a potential upward trajectory.
3. Entry Strategy: Planning a long entry as the stock has surpassed 23.60, aligning with the breakout momentum.
4. Risk Management: Two established stop-loss levels at 21.50 and 19.90 for prudent risk management.
5. Target Levels: Anticipated targets set at 25.50, 26.80, and 28.75, with potential for further gains.
6. Market Caution: Acknowledging the inherent risks in the stock market; emphasizing wise decision-making.
Educational Content: Sharing insights in a simplified manner, treating this as an educational piece for the community.
Encouraging the community to share opinions and foster collaborative learning.
Let's navigate the markets together and grow collectively!
#InfibeamAvenues #TradingView #StockBreakout