Panchalk

Channel breakout after retest

Long
Panchalk Updated   
NSE:SWSOLAR   STERLING & WILSON SO LTD
This is plotted on weekly TF. The company is a leading solar engineering, procurement, construction solution provider..It had BO'd and then retested channel line and has moved up again today 6% up. Targets marked. Please trade with SL. Stop loss could be below the last swing low..or - 1 Average true range (ATR) -
Comment:
Nice 15% move until now...moving toward target 1 - volumes have been good...today up 7%
Comment:
Up 12% today..targets 1 & 2 achieved...30% move since this chart was posted
Comment:
Just 100 shares @ 372 would have fetched 12K in 13 days..
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