jamna auto looks bullish in medium term

In weekly, it is in strong uptrend. also it closed above upper BB with high volume and BB is expanding.

In daily, price broke out of previous peak with high volume,

fundamental wise - it is making consistent profit, positive cash flow, valuation moderate, good ROE.

with an initial sl - 54, one can ride the uptrend here.

Dagangan aktif:

hidden bullish divergence seen here

Dagangan aktif:

ascending triangle forming here,

look for breakout

Dagangan aktif:

breakout with good volume, from ascending triangle pattern, pattern tgt - 77

Dagangan aktif:

cmp - 77.15, ascending triangle pattern tgt achieved here

Dagangan aktif:

moving up as expected, cmp - 81.4

Dagangan aktif:

till now 83.15

Dagangan aktif:

till now 89.15, in weekly price at horizontal support and uptrend is still intact.