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Broke 50EMA with strong volume. Can expect 120 soon
marabuzo candle,descending angle breakout , good volume
LONG CMP - 89.80
TARGET - 94 - 98
very tight STOP LOSS - 80
If it open above 90 or stables at 90
it can go up to 100 in just 2 working days
great breakout with volume.
at the cusp of a multi-year triangle consolidation breakout..can easily turnout to be a multi-bagger from here on with the cement and construction cycle upturn!
The stock is in corrective wave after an impulsive wave down , its pulsing now and it can possibly make one more pulsing move before heading for another level of correction
I am looking to Go long with stop of CLB 4.7 Points for Target 100
Technically good stock. Funda not checked. Suggestions to be appreciated.
this is not buy call...let it consolidate and wait for breakout
from bullish Flag pattern
Bearish bat pattern on daily chart