BEL can be a good breakout swing trade

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BEL stock is in uptrend from past few years and currently, it has given a breakout from a trendline resistance.
I personally don't prefer breakout trading but the setup is looking nice above 104 with a small SL below 101.5 DCB.

Kindly trade as per your own analysis and consider this idea for educational purpose only.
Transaction en cours
Gave breakout yesterday and today 106.3.
Trade fermée: cible de profit atteinte
Target reached. 111.5 today's high
BELbreakoutconsolidationlongsetupTrend Analysis

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