Here is another parabolic move in another stock, this time a chemicals company.
Stock went straight up and is now consolidating, Another move is going to be either extreme Up or total collapse.
Looks like a flag type pattern. Hence taking a LONG bet.
I am biased towards upside. As I mentioned, markets are "Euphoric"
Simple Intra-day bet. I will be buying at CMP with stop loss of 495 and the targets of 550+.