• For last seven month stock price remained in tight channel between 31.72 USD and 38.89 USD and recent breakout from this range, supported by higher volume, suggest about possible changes in the market and positions the share for next move up.
• By comparison the ensuing pullback after recent breakout has been shallow and driven by lighter volume, suggesting that selling pressure is limited and places shares at an attractive entry point near breakout.
• By comparison the ensuing pullback after recent breakout has been shallow and driven by lighter volume, suggesting that selling pressure is limited and places shares at an attractive entry point near breakout.