Stoc has given multiyear break out and now restesting its breaout on monthly time frame.
For positional trade : target could be as high as 50 to 60% ( beware it will not go up in straight line, ther will be ups and downs)
For Swing : Target around 200 approx
Two ways to plan trade :
1 stock has given 50 EMA breakout and retested level. You can buy at high of retest candle
2. Its following upword channel and currenly at bottom of the channel. Target could be arounf 200 (upper intersection of the channel)
Please do your own due diligence. Cheers !!!
For positional trade : target could be as high as 50 to 60% ( beware it will not go up in straight line, ther will be ups and downs)
For Swing : Target around 200 approx
Two ways to plan trade :
1 stock has given 50 EMA breakout and retested level. You can buy at high of retest candle
2. Its following upword channel and currenly at bottom of the channel. Target could be arounf 200 (upper intersection of the channel)
Please do your own due diligence. Cheers !!!