Its very good for short term play lets say next 5-10 days.
I prefer long side always as it showing breakout of 1 year.
never anticipate target.. let the stock tell the story..
learning from mistake.
sir, after every breakout there is alaways a pullback, this is what i have experianced so far, nd i have read also, as the previous resistance becomes the support after breakout nd price comes back to those level to check the support..this is why i was expecting pullback to enter the trade..
good stock pullbacks only on any bad news otherwise its very hard to wait for such opportunity... its my opinion ..
and FYI in this stock Dolly Khaana is main invester behind this rally..
i got something to new to learn..
thank you sir..