APL Apollo Tubes - Channel trend followed beautifully

12 thg 10, 2017

Stock is moving beautifully in a channel on weekly charts with each spike met by good volumes. Chances of a correction in the short term is very likely as price is reaching the upper end of the channel.
In case of a correction (high probability of a 5-7% correction), it should be used to enter the stock as a core holding as it is in a secular uptrend.

31 thg 10, 2017

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As mentioned, short term correction taking place, now should be watched closely to build positions for the long term

19 thg 12, 2017

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Consolidation taking place, should move higher in times to come

11 thg 1, 2018

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Going as intended