After accumulation phase (indicated in graph), Mark Up phase is expected. Share has also made Marubozu pattern (shown in graph) with very good volume. EMA 12 days has also came above EMA 26 days. All these things predict upcoming Uptrend.
Haven't seen a chart like this in a while. After a deep decline, stock has started moving up with heavy volumes. Something serious at play. Medium term positional buy.
Purely on the basis of charts, this one could return 200% in a few months!
If it comes down to 35, BUY!! Hold till 150..rather 140..just shy. 200 is possible depending on the follow through.
Downtrodden but not out. Price action looks ripe.
Caution! I haven't done any fundamental research on this one.
