7 year long trendline breakout

٣ سبتمبر ٢٠٢١

Impressive breakout from a 7 year long trendline which is now the part of ascending channel. Volume also looks impressive, one should wait for the retest of the trendline and enter long for atleast 25% in 2-3 months, stoploss 8-9%, or as per individual's risk management. Also, point to keep in mind about it being a strong breakout is, that it also have closed above the trend line in a monthly timeframe. Best luck.