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Triangle pattern Breakout

Oleh Panchalk
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Shriram has broken out of the triangle pattern...it is up 8%...Targets are marked 2071, 2326 ( NOT 2371)... you can go ahead and trade, but i would wait until there is a retest or pullback and then if it starts moving up again take positions. of course sometimes the momentum is strong and the stock keeps moving up without retesting at least for a few days and then pulls back. like everything else in the market I can only talk of possibilities. This will happen over a period of time. take your own call. This is an idea, not a recommendation to buy or sell
Nota
it is up 13.5% now....very tempting right?...just having some fun
Nota
Shriram retested the triangle, after a couple of days ( of my posting the chart) and the started moving up..that only solidifies your trade....target 1 and 2 achieved...in fact it went up to 2388..
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