Alkem Labs has broken the neck from a cup &handle pattern. On daily basis it has shown 2 green candles post the neck breakout. We can expect a rise in price up to 30-35%. Other parameters:
1. RSI is above 60 2. MACD is making green histograms 3. Volume looks good
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!
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from 4086 reached 4538..11% move..moving towards our target
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From 4086 reached 4650...
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Another 100 points jump
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Our price reached to 5200..from 4086 to 5200 - @27% jump. Cheers!!!
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After touching our target of 5300...the stock has restraced...on further confirmations, we can see the upward movement again...keep a tab