This stock will head for all time high

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Confipet will blast once above gives a good closing above 85. The uptrend retraced upto 0.5 fib level which rejected the price and couldnt even close anywhere near to it, and resulting in formation if the Hammer Candle stick there. Past 2 months have decently large volume suggesting accumulation. Just one thing missing is now a definitive closing above 85.