Just a tracking idea came under scanner looks promising. A attempt at change in trend towards upside. highly volatile stock need further research on fundamentals. A break at long term counter trend line... lets c how it plays out.
Channel rejection is a frequently seen phenomenon in the field of technical analysis. A price trend that is represented by a channel fails to continue in the expected direction. This can occur repeatedly. The asset's price has shown a significant increase above the channel, followed by another testing of the breakout level. This signifies a possible positive...
MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software
Mic electronics, cmp 36.9 Cup and Handle breakout. Do your research
MIC Electronics has taken strong support between the level 13 - 13.2. We can invest in MIC above 14. Targets are given in the chart. This is an investement idea and it will take months to reach the targets!