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#3MINDIA Accumulate for FLAG BO on Weekly Chart. Details provided on chart.
Breakout done... First target of 26500 Sl of 2% which is yesterday's low Enter at yesterday's close or high cross This can be a strong short term stock with 100% return in 2 to 4 months It's a very strong breakout if it can sustain and reach first target
Fundamentally strong stock available at support Lonterm investors can enter at current levels
The stock has displayed the tendency to congest or form a nice VCP pattern, as described by Mark Minervini. Another such pattern is in progress now. A breakout above the green line in the chart will be a sign of strength and would have me interested in buying this stock.