Federal Bank: Awaiting a Breakout

2016년 9월 28일

Check the annotation in the chart.

2016년 10월 25일

노트

The anticipated breakout happened today with huge volume. Aggressive traders can chase the stock while the more patient ones may await a pull back. Given the volume and spike today to new mutli-year highs, I suspect if there would be a meaningful pull back happening immediately. If it does, I would be a happy-buyer.