PCBL Mid Term Investment for a 60% UP move

The stock price has formed a Cup & Handle pattern in WTF,
A BO of 137 levels with volume, one can enter to looking for a 60% up side

Technical Indicators:-

RSI Bullish
MACD Crossover
Price above 50 & 200 EMA

Fundamentally Good Stock:-

Stock is treading below its intrici value
ROCE & ROC at 18%
Promoter holding 51%
FII holding 10%
DII holding 6%
Quarterly profit increasing
Annually profits increasing
Healthy dividend pay out of 3%
Debt at 0.30

Dagangan aktif:

Stock is SideWays, showing some Weakness.