20 Microns bounce back from 50% fibbonacci retracement level

this is a case of perfect retracement from 50% fibonacci levels...from a high of 201, it retraced to 131 and started rallying then on..presently at 168 all technical indicators like moving averages,ichimoku cloud pattern are bullish..volumes are healthy..needs strong momentum which may come if Q4 results are good..results on 17 May..valuations are very reasonable at 10PE...if thigs play out,it could double from here in medium term