Successful break out with high volume and retest has done, could be a good swing trade with a target of 10% from the CMP.
Neogen, a classic example of a cup and handle, the stock is poised for the good up move, a good close above previous high will push the stock price.
Broke-out from its short term weekly hurdle last week and almost touched its ATH today. Expecting it to reach 1000 levels soon.
IN THE WAVE ANALYSIS IT CLOSED WAY ABOVE THE PREVIOUS WAVE HIGH POINT OF CLOSING THAT IS 545 NOW IT CLOSE AT 590 SO ITS CLEAR BREAKOUT IMMEDIATE TARGET 625 SL 580 MEDIUM TERM TARGET 700