idea - can it be a good idea

idea trend and 20 weeks moving average slope is upward which suggest range is shifting upward.also stock has closed above all short term as well as long term moving averages(200sma,200ema,,20:50 sma). which suggest up move can continue . also on weekly chart its a big engulfing candlestick pattern.
one can buy at these levels keeping 87 as sl for 100 plus target.

Yorum:

IDEA - margin beat due to cost optimization
EBITDA at 27% vs 25% (Est of 22- 22.5%)
Loss lower than expected

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