TOMYPAK has been trading above its upward sloping 50-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 1.30 & 1.38 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful 1.80 target.
TOMYPAK 's FA looks pretty enough?
Note EPS & PE
Note EPS & PE
RECOMMENDATIONS
BUY ON DIPS
Cutloss 1.30
Target 1.80
GOODLUCK
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