Long
ISMT - 2007 Breakout
Daily Charts :
2nd July : Broken above 140 with good Volume,
however closing was at 139
3rd July : It has maintained the closing above 140
This is a positive sign.
On daily charts we can clearly see the contraction.
Indicating move is not sudden and stock has taken good time making healthy foundation.
Sequential targets : 170/190/215/255/275
SL : 135 (Will trail with targets)
2nd July : Broken above 140 with good Volume,
however closing was at 139
3rd July : It has maintained the closing above 140
This is a positive sign.
On daily charts we can clearly see the contraction.
Indicating move is not sudden and stock has taken good time making healthy foundation.
Sequential targets : 170/190/215/255/275
SL : 135 (Will trail with targets)
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