Previously was predicted it will retrace back when hit resistance, but it break up strongly with volume. I will look for entry when it retrace to near 1.01, and stoploss 0.98 (hopefully it's resistance turn support)
Moving inside uptrend parallel channel, the stock has been moving steadily with the recovery sentiment. MACD signals continuation of breakout, however RSI is oversold.
Based on previous price action, we cloud expect some pullback to occur for few days before the rally resumes. Best entry is to trade on breakout.
TP 0.920 (+5%), 0.990 (Fibo 1.272 +22%)