ITC LTDLong
ITC WEEKLY CHART SEEMS BULLISH
-after the stock broke out of a symmetrical pattern on weekly chart
-we saw a pullback and retest of the breakout level
-this confirmns the pattern
-after retest the stock did manage to consolidate and go sideways
-last week stock finally decide to absorb the bad news and move forward
-we can see good potential upside
-buy above 215-218
-enter a stop below 209
-intitial short term target is 223-2225
-swing target can be between 230-232-234
-we saw a pullback and retest of the breakout level
-this confirmns the pattern
-after retest the stock did manage to consolidate and go sideways
-last week stock finally decide to absorb the bad news and move forward
-we can see good potential upside
-buy above 215-218
-enter a stop below 209
-intitial short term target is 223-2225
-swing target can be between 230-232-234
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