Breakout above the Old High, Break out above the trend line.
Volume Supported the Breakout.
Can see Short Term Target between 70 to 75 on charts.
if it created base above 75 then we can see 100 in coming months.
Take a Positional Trade
Expected Breakout @ FLUROCHEM.
FLUOROCHEM has reversed from its Support Zone and is expected to break its recent highs. One should wait till breakout is executed and daily candle is closed above the breakout line or its recent Higher High.
Targets can be calculated by using the difference between breakout zone and support zone.
Keep tracking.
Happy Investing !
