A new all time high close. Stock was consolidating for a while now and have gave a strong breakout of that consolidation. It's kind a flag pattern breakout too. All the key MA's are rising too. If we draw a trend based fib extension than ideal levels it can test is 100 (~161.8%) and 114-115(200%) is which we get. An ideal pullback to the breakout levels can be the best entry points with low risks.
Disclaimer: This is just an analysis and should not be considered a buy/sell call. If you intend to trade this counter then please do your own due diligence and trade at your own risk.
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~29% move in 6 weeks
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~83% OF RETURNS IN 3.5 MONTHS
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Our 87% winner in 8 weeks is showing strength again. 93 --> 174, ~87% gains in 8 weeks
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