Prince Pipes - Breakout after a strong consolidation

- Breakout candle on 9 Apr with higher volumes followed by a volatile consolidation
- Another bullish candle on 30 Apr with volumes
- 510 can be a nice entry however the price structure indicates uptrend
- Buying at 530 levels is quite risky, it is better to wait for another breakout candle above 550

• - Price trending with shallow retracements

Commento:

No need to chase, wait for the stock to come to the levels or else leave