Stock recently broke the MA 200 after consolidating.
Seems to be taking support at breakout area which is also near MA 200.
Might be a good long opportunity !!
Stock has faced resistance at MA 200 in past and currently is facing it again at MA 200 + the area is also previous resistance level.
Might give a good short opportunity if follows the same!
Stock is in uptrend + respecting MA 200.
Gave the breakout after build up and taken support at previous resistance / breakout area. Currently seems to be consolidating, respecting trend line.
If breaks the trend line, might run for ALL Time High!
Current scenario seems to be favouring long opportunities !!
