An inverted HS pattern has been formed inside a falling wedge . The stock has been consolidating inside a falling wedge pattern for the past month and finally has given a breakout. Now that the breakout is tested, We can go long above its swing high for a small scalp. It is also interesting to observe a Inverted HS pattern formed at this support juncture.
Hence we can go long above 515 for a target of 535.