Chart Check: A breakout from 1-year consolidation; MACD in buy mode for this chemical stock; time to buy?

Stock has given a breakout on the higher side after one year of consolidation implying a bullish continuation sign. Stock has retraced to the upper band of consolidation followed by a bullish candle,Kapil Shah, Technical Analyst, Emkay Global Financial Services and Trainer- FinLearn Academy, said.