Watch how the price sustain above the resistance line in coming days . After a retest pattern is formed , there is a great chances of up movements
the stock is still not out of the long-term downtrend area. so its still not recommended to keep long-term. hopefully there will be break out soon
Chart with perfect support & resistances. Price now under a resistance. over all uptrend
This is how I use trend lines to identify the Breakouts. Here I explained about BHEL stock
The weekly chart shows good support , long term correction is over. so can expect a good up movement in long and short term.
Consider for the long term after break out . still under resistance