Highly favourable trade. Found support 2nd time at 200DMA and inside bar indicates trend reversal for the stock. Falling crude prices also bolsters the view. It is a text book example of triangle formation and should breakout on the upside.
Comment:
Time to add onto position, as crude falls further.
Comment:
Crude approaching 40 handle fast. I see atleast 5% pop on the price in next five days, once it breaks the trend line.