The stock have been bullish overall from year 2014, now last month it has given breakout from imp trendline and is retesting it. Good to go long for 25% in next 2-3 months, with sl 10%.
Impressive breakout from a 7 year long trendline which is now the part of ascending channel. Volume also looks impressive, one should wait for the retest of the trendline and enter long for atleast 25% in 2-3 months, stoploss 8-9%, or as per individual's risk management. Also, point to keep in mind about it being a strong breakout is, that it also have closed...
Beautiful in erred Head and Shoulder Patten breakout happened yesterday, will wail for the price to retest 69.30 (neck line) for a strong upmove of atleast $3, And Sl $0.8.
Beautiful triangle pattern breakout happening in monthly time frame, still two trading days left for the candle to close, but looks unlikely for it to become a shooting star. You never know. Well, ideal entry would be in next month on retest of the trendline, for 20% upmove in 2-3 months, and 7-8 % stoploss. Let's see.
