Avenue Supermarts (DMART) Breakout
The stock is showing great relative strength and breaking out to new all-time highs as the broader market digests its recent gains. Our upside objective near 2,015 was met in November, the stock consolidated through time, and is now resuming its long-term uptrend. As long as prices are above 2,015, then the bias is higher towards 2,565 over the next 1-3 months.
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