Cup and Handle formation. Can be a good buy above 481. Do not wait for full targets and keep trailing profits. Note - Its a Low volume stock Disclaimer - Please do your own analysis before initiating the trade.
Neogen Chemicals ready to breakout on 3T VCP
Neogen Chemicals ready to breakout on 3T VCP. Pivot buy placed at 490.
Neogen - buying at current levels and subsequent dips past 3 years average sales growth 32% pa past 3 years average profit growth 57% pa past 3 years average margins growth 9.62% Current ROE 29.85% The stock is up 65% from its low of 2019. If the pullbacks remain shallow 20/25% and the next quarter results are showing a growth of 20/25 %. we may have a winner...