Dear sir, would you mind tell your views on a stock called Virat Crane. The stock has risen 24% this week with the highest volumes in the last 3-4 years, may very well have more volumes considering the remaining weeks on this month. The price is well above the 50 and 200 EMA on weekly chart, taken out the highs of the past few years on monthly chart, and is above 50 EMA on monthly chart. MACD and RSI are looking strong on weekly, and looks like the price may even go higher w.r.t MACD and RSI on monthly, but as it has run up a lot, I don’t want to get caught buying at a high price and wait for a couple of years to breakeven.
So I request your view on it, thank you in advance.
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