Cambridge Technology Enterprises - Bullish Resistance breakout

Weekly chart
cmp 102
Downward resistance line breakout with huge volumes.
Stochastic divergence propelled the upmove leading to breakout.
Stop at 78.
Conservative Target at 140 plus.

Fundamentals:
Profitability :
Current RoE at 35% ; Last 3 years avg RoE at 26%; indicates current performance better than past performance.
NP

Cash generation:
CFO at Rs 29cr ; indicates company generating cash from operations which is a very good sign ; Previous year cfo at Rs 9 cr.

Leverage:
Debt equity at 0.27

Other valuation metrics:
P/E 15, p/b 3.9

Underlying business model:
Company into bigdata/cloud/AI/Machine Learning.