La Opala has an interesting chart pattern as shown on the weekly chart attached. It crossed its previous all time high of 330 in Nov 2021, posted a fresh high of 456, and then went into consolidation and formed a symmetrical triangle. Recently in June 2023, it broke out of this contracting triangle, posted a new all time high of 479 and again came down to retest the breakout zone of contracting triangle. Now it seems to be trying to make a move up after retest. disc: no positions, not a recommendation. It remains in my watchlist.
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