HUDCO on weekly TF

275
HUDCO is trading at its 52 week high at its resistance. It looks bullish as per price action and volume. If it breaks 90-85 zone and retest it, it would be a good entry point. We may a small down side move or side ways move for a little while. It can reach 150 levels if it goes in a way as described above.
RSI : Above 60 on monthly, weekly & daily time frame
Volume : Looks good in last few weeks
making rounding bottom pattern
One can also trade cup and handle pattern if it cools down at resistance and correct it & then breaks out upward with volume.

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