STTCOMP SFI, TA Long
Finally broke out of accumulation zone. Large volume day on 1/12/16 was a smokey. Volume increasing lately with breakout usually points to something bigger which is potential commercialisation this month and volume today due to research report.
Eclipsed previous 52-week high today. Exhaustion candles before breakout shows that everything was being snapped up on weakness.
This tip is not a buy recommendation. Please DYOR.
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- Short Term Trading Week Starting: 16 Jan
Short Term Trading Week Starting: 16 Jan, page-161
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