Multiyear breakout possibile : Usha Martin
Stock consolidating nearing Jan 2008 highs, the stock has rallied form 30-40 levels to 150 on high volumes. currently the volumes have dried as the upmove has paused after giving a good rally, Natural reaction of the stock after upmove. Once the stock breaks out of the 14 year old high, can give bumper move. Any dips upto 115-120 levels can be used to accumulate the stock.
General observation: Stocks after giving multiyear breakout usually rally upto 50-100% in next few months.
Check attached list for more examples
General observation: Stocks after giving multiyear breakout usually rally upto 50-100% in next few months.
Check attached list for more examples
Note
New life high!
Note
100% returns done ✅💯
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Related publications
Disclaimer
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.