Small Rectangle pattern Breakout || Positional Trade in IPCA LAB

4 Nis 2024

Hello Guy's i have brought an idea which can be best positional trade as this stock has given breakout, i have done my analysis on daily time frame, Breakout is sustaining above the previous highs, Stock has made fresh all time high in today's session. Stock is good with good liquidity..
MACD also has given bullish crossover
Price and action suggesting a move at least for 8-10% in short term.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.

11 Nis 2024

Not

1St Target Done

27 Nis 2024

Not

2nd Target Done

31 May 2024

Not

After achieved our 2nd target price got rejected and came down sharply