LALPATHLAB
Stock gave 20-25% growth in 2018 and almost 50% growth in 2019 during intra-year swings.
During 2020 fall, it gave 33% correction, and recovered entire fall mid-year.
By mid-2020 it was back to 2019 high.
From start of 2020H2, it appreciated 30% by end of CY2020.
Last weekly close, was at ATH with volume, by breaking out from top wicks of previous weeks swing high.
Week RSI = 69.47
Aggressive trader : Buy 50% Qty at current price, add 50% Qty after 4-5 trading session if price move in trade's direction.
Conservative trader: Buy 25% Qty at current price, add 25% Qty after price give pull-back near purple-dot line, add 50% after price move above 1st purchase in trade's direction.
LOSS EXIT:
Top purple-dot line : those holding for few days
Middle purple dot-line: those holding for few months
Bottom purple-dot line: those plan to hold for a year
Stock gave 20-25% growth in 2018 and almost 50% growth in 2019 during intra-year swings.
During 2020 fall, it gave 33% correction, and recovered entire fall mid-year.
By mid-2020 it was back to 2019 high.
From start of 2020H2, it appreciated 30% by end of CY2020.
Last weekly close, was at ATH with volume, by breaking out from top wicks of previous weeks swing high.
Week RSI = 69.47
Aggressive trader : Buy 50% Qty at current price, add 50% Qty after 4-5 trading session if price move in trade's direction.
Conservative trader: Buy 25% Qty at current price, add 25% Qty after price give pull-back near purple-dot line, add 50% after price move above 1st purchase in trade's direction.
LOSS EXIT:
Top purple-dot line : those holding for few days
Middle purple dot-line: those holding for few months
Bottom purple-dot line: those plan to hold for a year