AVALON TECHNOLOGIES LTD
Long

AVALON

120

  • Stock broke out of its consolidation after its previous quarterly results announcement with strong volume.
  • If the company maintains good results in the coming quarter, we could see a continued long term up-move in the stock.
  • Low history, hence we need to buy and hold for good returns.
  • Bullish outlook would remain valid as long as price is above 730.

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