52 week highs and all time highs strategy

A Monthly chart that i am finding interesting is that of TVS Electronics:

• The stock gave a multi year slant breakout in May 2014 at ~ 18 odd levels.
• The rally continued till it topped out in Oct 2017 at with a high of ~ 520.
• What is interesting is that one could have played the entire rally if one kept the 20 month moving average as a trailing stop loss.
• Multiple patterns formed and broke out along the way, while still touching and respecting the 20 month MA.
• Since topping out in 2017, the stock now seems to be forming an excellent CUP base over the last 6 years.
• The 20 month MA has been respected in the upmove from Covid lows as well.
• The RSI also seems to be shaping up well and could lead to a break out.

Possibilities could be a straight breakout from the CUP base pattern or formation of a handle ( key monitorable will be retracement of 0.5-0.618 levels if a handle does form).

All in all, looking like a good setup for a bullish run in the future.