TAL EDUCATION (TAL) - Rectangle Break Out on Weekly

Tal Education broke out of the range it has formed over a year.

This stock popped last week due to start of coverage from Goldman Sachs.

It operates in after school tutoring in China, which is a norm in Asia and a huge market.

Looking for a retest around 10.30 - 10.50.

Stops can be placed below 9.50 (10 weekly EMA).

No traffic till 17 but we can take 16 as the rectangle range target.