Colpal- A powerhouse is about to break.
Colpal is testing the higher levels again and again and it is kind of simple breakout with no complications in it.
From the bottom is has been making higher lows and probably continue to do so.
Only thing that we have to lookout is how does it break the resistance. It needs to halt for a while before going out for next move. If it does not halt and keep going up then i will wait for the pullback to happen as i wont have a stoploss with me.
Nothing much to add.
Keep and eye folks. Cheers and Happy Trading.
From the bottom is has been making higher lows and probably continue to do so.
Only thing that we have to lookout is how does it break the resistance. It needs to halt for a while before going out for next move. If it does not halt and keep going up then i will wait for the pullback to happen as i wont have a stoploss with me.
Nothing much to add.
Keep and eye folks. Cheers and Happy Trading.
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