10 weeks consolidation 3T VCP Pocket pivot off 50 DMA strong prior move Volume contraction - very good SL - 56.5 TGT - 75, 80
The volume activity this week shows very strong uptrend and momentum. Watch out. If it breaks out of the channel, it can give at least 25-30%.
The stock has shown much strength in a volatile month. Also the volumes have been increasing over the past 4 weeks. CMP: 546 SL: 500 (on a closing basis)
8 week FLAT base. BO on strong volume. Off 50 DMA. Strong prior uptrend.