La Opala chart posted below shows a small cup and handle breakout on daily charts with potential targets of 410. If it can cross and trade consistently above 430-440, then a bigger cup and handle pattern comes into play with potential targets of 600. Its an example of pattern within a pattern.
Fundamentally the fruits of capex incurred are to accrue fully over next few quarters.
disc: no positions, posted only for academic purposes. stock remains in watchlist.
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