Stock has touched Gap Resistance.
Staying above 143 or closing above this the Stock will become very Bullish and will create new High and More.
Sl can be close below 133.50 on closing.
Shaping itself into a very good candidate. A close tomorrow anywhere above 125 odd levels can see the stock reach 145 odd levels in the immediate short term!
After make High, then time consuming for re-enter, so accumulate for mid term, If resistance breakout continue position for long term.
Levels are:
R1 R2 R3 R4 R5 R6 R7
125 129 134 140 144 150 159
S1 S2 S3 S4 S5 S6 S7
113 110 104 98 95 89 79
Cheers!
Attempt to move ahead from the horizontal channel for the last 3Months with surge in volumes, would find stops at previous demand zone and 200SMA.
Visibility for a 25% return on the name in 3-4 weeks time frame.
Given the beta of the name stops should be little deep only one warrants it.
D link which is currently near a fibo support suspected showing stopping volumes.
Conservative longs
Buy above 92
SL 70
Tgt 106/124/ and more
Aggressive longs
Near 80 ( on reversal signs in min 1 hr clbs)
SL 70
Tgt 106/124/ and more
