The stock is gearing up for a big break out after a good round of consolidation and an initial false whipsaw of a break out given! Once cleared above red line on closing, more strength can be expected then!
It has been observed in the monthly chart price action is above the long term support area. Heavy volume shows the stock is in accumulation phase. It shows how the investors are accumulating their assets. Since the accumulation has taken more duration I expect this stock to move upside with full strength. A good investor always finds a stock when it is in...
