samkrg piston & rings looks bullish in medium term

Actualizado
In weekly, price broke the previous peak with high volume, also price closed above upper BB and BB is expanding, imagen

In daily also price broke out of horizontal resistance with good volume, imagen

fundamental view - healthy growth in profit, positive cash flow, cheaper valuation in comparison to peers, healthy dividend payout,

with an initial sl - 290, one can ride the uptrend here,
Operación activa
after a retracement, morning star formed at horizontal support.
in.tradingview.com/x/vbUn9sKZ/.

Also taking support at 20 MA imagen
Operación activa
price bounced from the support level imagen
Operación activa
volatility decreasing and BB is squeezing imagen
Operación activa
till now 365.55, price closed above horizontal resistance with good volume and closed above upper BB
imagen
Operación cerrada manualmente
breakoutbreakouttradingBullish PatternshighvolumeTrend Analysisuptrend

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