As a trading strategy, one can be long in the stock and once it crosses 200 mark, then shift the sell order to 200 level. Deep stop loss for stock can be at the level of 151 which is its strongest support. Why, we are bullish as stock has crossed its 21 day moving average price and is showing bullishness on commodity channel index and momentum. However remember that unless stock moves above 200 mark this figure is going to be tough resistance.
Analysis of the volume suggest that tops and volume bottoms are corresponding well with tops and bottoms in the price. Thus we see stock in bullish trend.
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