The stock after moving in an uptrend went into contraction phase where it was forming lower highs and higher lows called the symmetrical triangle. It gave a breakout a few days back with nice volumes. It is good buy around 421 levels with a stop loss of 410 for a target of 450.
Trade stängt: målet nått:
it almost hit the target. but since we were waiting for a dip to enter as the chart was posted late, missed the trade.