Force motors has broken out of important resistance zone around 1400-1500 and raced straight to levels of 2200. Usually once a stock breaks out past important resistance, after the initial sharp run up, it often takes a pause and retraces some of its gains. These pauses are good places to get into the stock if you are convinced about the fundamentals of the company. I don’t track it too closely now, but overall it looks like a good risk reward opportunity if accumulated at opportune times.
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