* On an hourly chart, the stock has given a breakout of its upper band of Symmetrical Triangle formation which signifies an upside movement in the counter.
* On a daily chart, the volume activity is gradually increasing with rise in price which indicates further upside move in the counter.
* Additionally, the stock has given a positive crossover of 21*50 Exponential Moving Average which indicates for a positive movement in the stock.
* A daily momentum indicator RSI reading is at 59.59 level with a positive crossover which points out for a positive breath in the stock.
* Based on the above technical structure, we are expecting an upside movement in the counter in few trading sessions.
Buy Hubtown Ltd @ 70.40 Stoploss 67.30 Target 76
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