The stock is near completion of technical set-up.
Fundamentals:
The stock is fundamentally very strong with positive FCF, 20 % ROIC, 30 % sales growth and 30% SSGR which are all market-beating conditions.
Technicals:
Correction from bttom with cup completion pattern.
the given 1485-1530 is good buy zone and previously post good earning , from many months this script has been consolidating in the given 1500-1600 zone
targets are 1731-1759 and 1894-1935
stop loss ->> one day red candle day closing below 1450
Stock is at crucial resistance. break above the red resistance channel will open the doors for 2500.
Failing to do so will force the correction to the levels of 1380 to 1450.
ROUTE MOBILE NOW TRADING AT 1159,,AND THIS LEVEL COULD BE BEST FOR SHORT TERM AS WELL AS LONG TERM..RESULT ALSO GOOD BUY BEST STOCKS EVER,,,
ABOUT :-
Route Mobile is a Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). Their product portfolio includes smart solutions in Messaging, Voice,...
markets are in range, targets are drawn.
MOVING AVERAGE crossover.
it has completed its waves, and already reached its bottom on June last week. now it has show a impulse wave, hope to see a breakout this week.
