@baigoya, Based on wedge 30.50. On C&H PO is 38 area
baigoya
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@pantheo appreciate your analysis man. My only concern is with the timescope. I am long term, but not sure as we’re in all time hights. How much long term room growth u see?
pantheo
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@baigoya, Apart from markets may correcting into October, I see nothing wrong with the stock now. Even Friday's reversal was on big volume. If new high short will be forced to cover driving the price higher. You have to know where your risk is so if wrong you will close your position. You should be ready for anything and trade your plan. Nobody know what will happen tomorrow in markets. Cheers, P.