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12 years of BO in Vimta labs
looks good with pharma in movement and stock holding near gap up support this looks good
Retracing from 50% fibo
After a failed break out can the stock finally give a big break out of over 10 years in the making and be ready to give good returns in the coming months? Keeping a SL of 121 on closing weekly basis, a break out above 138.5 levels is to be keenly seen.
#VIMTALABS is on verge of Cup-and-Handle breakout on Monthly Chart. Above 122, we might see 250+ on long term basis only.
On a move past 120-125 zone, this stock can gain momentum, I feel.
The current price is encouraging as well, to me. Ofcourse, I'm biased :)
View negated below 100.