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stock breaking trendline on weekly scale
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as can be seen, the stock has shown retracement to breakout levels.
on the weekly scale too, the stock has shown a breakoutm with volumes, plus sustaining above the breakout levels.
any bounceback in the general market )which i am expecting on tues/wed will see this stock rising exponentially.
however, as per my personal rule, i would be playing for a 10 percent trade (minus taxes).
time frame= 10/12 days.
goodluck
on the weekly scale too, the stock has shown a breakoutm with volumes, plus sustaining above the breakout levels.
any bounceback in the general market )which i am expecting on tues/wed will see this stock rising exponentially.
however, as per my personal rule, i would be playing for a 10 percent trade (minus taxes).
time frame= 10/12 days.
goodluck
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