Largan precision - Early bullish reversal confirmed

6 Haz

3008 Largan Precision is looking at a potential continuation of the upside after Ichimoku shows 2 out of three bullish crossover and price action shows 1) Double bottom confirmed and 2) The breakout of the 3-wave corrective channel, which suggest larger bullish continuation.

Hence, we are long on Largan with a buy at 2,385 and 2nd buy limit at 2,205. Target price is at 2,915 over the mid-term. Long-term is at 3,000.