#PALREDTEC #breakoutcandidate #vcppattern #swingtrade #momentumtrade
PALREDTEC : Holding Period 1-3 Months
>> Breakout Candidate
>> Beautiful VCP pattern
>> Volumes Building up
>> Good Strength in stock
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it....
Trendline is broken and retracement is also completed.
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Entry: 162
target: 178 - 211
stoploss: 150 - 143
major stoploss/ support: 143
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smallcap stocks are going to boom.
long term investment; min 30 % return
huge potential is there.
investment ;
if you are interested in investment, go for it with small risk,
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. more than that " PALRED TECH ., "is...
Palred has broken out of a long consolidation
kind of rounding bottom / cup and handle formation breakout
Volume also good.
It may give mutiple times target, although first targetting a the height of the cup.
Buy PALRED technologies for a swing trade of 8-10%
above 130
for the target of 145
Disclaimer: This is just for education purpose. Consult your financial advisor before investing.
