Multi year breakout stock : SPIC 🚀
Stock has broken out of its resistance trendline connecting the highs during ipo of the stock in 1999 , pattern looks more of like a breakout retest in 12months time frame
Fundamentals of the stock are also good :
# Low debt co
# Stock trading at a very low PE ratio of 4.5
# Constant growth year on year , boosting EPS
#...
Price is nearing its 52 weeks high with 7.1x above-average weekly deliveries.
With ARS & SRS Positive during almost 10% correction, VEDL could be a good Medium Term bet.
