Godfrey is in a Triangle formation and this is the chance to catch this stock on it support. Keep a stop loss at 1620 and expect targets of 2030 when the triangle is broken and the consolidation ends. Expect a very sharp move after breakout.
Godfrey Phillips has given a textbook VCP breakout. Volume reducing and price contracting higher. Big Breakout on Monthly Charts. Long term position, trail Stop Loss accordingly.
