nice monthly breakout in Sapphire Foods

In my experience, i have observed a lot of IPO s and i have notice they really perform great in monthly breaks out

similarly sapphire food is also in a range and can breakout upside in monthly candles
we can buy above closing of 1550 and have a small stop loss , I don't prefer targets in IPOs, as they generally have a great potential so just go on with the flow and use trailing stop losses.

it's just for educational purpose, trade at your own risk