I generally don't use small tf, but this is like a textbook setup.
It is bouncing on a very key level.
Broke out of small consolidation and broke trend line.
Fundamentally very strong and promising.
Will add more at higher levels.
Will buy above 140 with sl below 137 for target 147-148. initial quantiy will be 50% of what I normally buy. If it manages to close above 141 on 15 min candle then will add more.
Disc : It's not an advise to buy or sell
Buy SEQUENT only above 109 with Stop-loss at 92 for first target of 134. Idea is for 15th July 2020 onwards and I will update it if it is triggered or in case it is no longer valid. Reason breakout sustaining
Investor's Pick : Can this stock double your money in this year itself?
I believe it can, but i am not a fortune teller, but chances are good..
My wave analysis suggest this would go fast and furious UP soon..
Please CLICK LIKE so that it motivates me to put more stocks like this and more members can MAKE MONEY.
I took a pilot position at 85 and added more at 85.5.
Technicals: stock quickly recovered from recent COVID-19 crash lows. it didn't break the previous low made in 2018. these are good signs
5 years of sales growth - 21%
5 years of profit growth - 24%
Margins rising steadily since 2018
Debt decreased by 39%
TTM earnings up 40%