CONCOR - ATH closing.
We have a new ATH closing on weekly basis.
But we also have an extended wick at the same region which implies that bears can jump in at the last moment.
Risky investors can buy at CMP and add more on dips up till 720 levels.
Safe investors should enter only above 750 levels (weekly close)
Targets 842.15 & 891.
REASONS - Container costs have risen 300 times in the past few months. This company is the direct beneficiary of this implication.
We have a new ATH closing on weekly basis.
But we also have an extended wick at the same region which implies that bears can jump in at the last moment.
Risky investors can buy at CMP and add more on dips up till 720 levels.
Safe investors should enter only above 750 levels (weekly close)
Targets 842.15 & 891.
REASONS - Container costs have risen 300 times in the past few months. This company is the direct beneficiary of this implication.