With capacity expansion..backward integration plus low base YOY on results..
The stock has all the ingredients to do well..
The setup too is saying its primed to breakout after a 3 month consolidation.. (Triangle breakout)
Long above 1415 with a double up above 1485.
Stoploss of the first trade at 1290 ideally but for shorter term traders either below 1330 or even below 1360 if your horizons are super short term.
The stock has all the ingredients to do well..
The setup too is saying its primed to breakout after a 3 month consolidation.. (Triangle breakout)
Long above 1415 with a double up above 1485.
Stoploss of the first trade at 1290 ideally but for shorter term traders either below 1330 or even below 1360 if your horizons are super short term.