After a strong run up the stock consolidated sideways for a couple of weeks and has now given a fresh breakout with good volumes. The stock is expected to continue its upward movement and is good buy above today's candle with a stop loss 118. It is a positional trade for a target of 145, 170.
Traders who are more conservative in their approach can wait for a retest of the break out levels
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.