GALAXY SURFACTANTS - 70% ROI Potential Stock Mid Term Idea

9월 16일

A Fresh stage 2 Multiyear Flag breakout move.

Why I consider this attractive ?

1) The stock has broken out of a 3 year old consolidation zone - Flag Breakout. June 2021-Aug 2024

2) The stock as compressed for 2 months at the breakout level.

3) Overhead supply is very minimal.

4) Daily has broken out of the compression at Flag Breakout level, retested and given a good breakout again, indicating solid buyers strength.

Flag targets at about 5400.

11월 5일

노트

The trade is still open as weekly 30 EMA is held well. The stock is consolidating in a channel, expecting it to reach channel top at 3400 approx.

11월 5일

노트

May consider a minimum gain exit and move capital to another counter as Breakout failure is seen here and the stock has decided to move in a channel rather ranging sideways 2668 - 3400