NNiveshak

NNiveshak

After a monster post IPO rally EMIL has been cooling off for 6 months, forming a nice base to potentially launch another rally Showing v strong Relative Strength on hourly TF hovering on the top of a 27%/ 25wks base forming an inverse head & shoulders type pattern Volatility falling and volume drying up Entry 225 SL 211 Target 3RR

NNiveshak

Showing good Relative Strength Hovering around the top of a 14wk/ 13% shallow base. got some VCP action going Volume & volatility have dried up in last few sessions. Results are also out of the way Entry 1518 SL 1470 Target 3RR

NNiveshak

Stock has made beautiful VCP pattern and Volatility and volume have both dried up suggesting that there may be no more sellers left. The Q3 result has also been declared. One can also see a clear triangle pattern although the stock has not broken out. To me it looks set to make new highs.