Inverse Head & Shoulder Pattern seen on Monthly Chart, Breakout above 95.5 (Neckline) 95.5 is also Resistance on Monthly Chart. Stock will be breaking out after 9 Years of accumulation mode. Huge Volume seen in last 5 months confirming accumulation at lower levels. If Breakout is successful then expect Fibo Target of 147.3 and 225.5 soon. Excepted Time Frame: 2 Years. Monthly Resistance marked with Black Lines on Chart.
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Pattern Still bullish. Waiting for Volume Breakout
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Broke the mentioned Important Level of 95.5 with Volume.
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Shooting in Sky like a Rocket with good volumes , 178 can become a small huddle if not straight 254 is possible. If anyone cant hold for long book profits at 178 .
Trailing SL - 130.4 (Weekly Close)
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Todays Close is above our Trailing Stop loss , hence Hold this Stock for higher gains.
Trailing Stop loss negated.
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Expected Quarterly EPS was around 7.3 it delivered 8.4
Should have positive impact on Stock Price.
Waiting for 151 levels to breakout.
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