The stock was on a bull run after which its consolidating for quiet sometime now. In the consolidation, it has now touched the lower trend line which is a perfect entry for long. SL would be very very less and thats below the lower trend line. Target would be trailing SL after 1:2 RR till upper TL.
After ATH, a small downtrend followed by consolidation and breakout of the consolidation on long side. Now flag formation. Good to enter in flag. SL would be below Flag lower TL. Aiming for 1:2 RR. Anything above that is bonus if big breakout comes.
