IRCON International Ltd.
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$IRCON - Weekly Chart Analysis

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A new all time high close. Stock was consolidating for a while now and have gave a strong breakout of that consolidation. It's kind a flag pattern breakout too. All the key MA's are rising too. If we draw a trend based fib extension than ideal levels it can test is 100 (~161.8%) and 114-115(200%) is which we get.
An ideal pullback to the breakout levels can be the best entry points with low risks.

Disclaimer: This is just an analysis and should not be considered a buy/sell call. If you intend to trade this counter then please do your own due diligence and trade at your own risk.
Nota
~29% move in 6 weeks
Nota
~83% OF RETURNS IN 3.5 MONTHS
Nota
Our 87% winner in 8 weeks is showing strength again.
93 --> 174, ~87% gains in 8 weeks

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