Campus Activewear - CMP 250, Target-1 350, Target 2 - 400

12 พ.ค. 2024

It listed around May 2022 at 450 levels, made a high of around 650, corrected until 213. As per dow theory, it has been consistently making lower highs for 2 years and is currently showing signs if turnaround by giving a trendline breakout. The risk reward looks very attractive, SL can be placed at 210 DCB. I envisage that it will complete a rounding bottom formation in about 1 year and may hit 650 levels again.

29 พ.ค. 2024

บันทึก

Campus posted excellent results yesterday which was expected as accumulation was visible on charts. 295 is a resistance level, where price is expected to stall for a while and consolidate. Very short term participants can book profits at 295 and medium term we can hold for 350.