SPENCERS: Sustained breakout above resistance

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Sustained breakout above resistance level in 4h timeframe signifying potential of sharp upward movement in Spencers. Entry at 128.80 & stop loss at 113 with risk reward 1:2 may be good trade.
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Stop Loss trailed at 121
Parallel ChannelSPENCERSSupply and DemandSupport and Resistance

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