good stock and good opportunity
High volume and breakout......test level 550
big volume breakout stock.... good fundamental stock.
possible up move............good for buy
short turm tgt 85 good for swing traed. this is a movmentum pick
• On the daily chart, the stock has witnessed “Monthly Resistance Trend Line Breakout” breakout around 76-85 levels which signals resumption of the uptrend Huge volumes on the breakout , signals increased participation near breakout zone
Higher lows channel pattern..tgt 3100
On the weekly chart, the stock continue to trend. higher forming a series of higher tops and higher bottoms formation. The above analysis indicate an upside of 732-779 levels
On the daily chart, the stock has decisively broken out “Pennant”- a continuation pattern representing resumption of the prior up move bullish sentiments on medium term time frame The daily and weekly strength indicator RSI is quoting above 50 mark and in bullish mode which supports rising strength The above analysis indicate an upside of 10-109 levels
The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength The above analysis indicate an up side of 3500-3900 levels
On the daily chart, the stock has witnessed “Down-Sloping Trend line” breakout indicating trend reversal on the upside.confirm increased participation on rally• This buying was observed from 20 day SMA which remains a crucial support zone. • The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as momentum. • The...
• On the daily chart, the stock has witnessed “Consolidation Range” breakout around 470 levels which signals resumption of the uptrend • Huge volumes on the breakout , signals increased participation near breakout zone • The stock is strong uptrend as it is continue to form a series of higher Tops and higher Bottom formation across all the time frames • This...