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MOREPENLAB || Multiyear Breakout || Another Opportunity?

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MOREPEN LABORATORI (NSE:MOREPENLAB)  
InvestSun  
NSE:MOREPENLAB   MOREPEN LABORATORI
Trend Analysis Chart Patterns Fundamental Analysis MOREPENLAB multiyearbreakout breakoutretest multibagger investmentidea
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trendanalysis chartpattern fundamental morepenlab multiyearbreakout breakoutretest multibagger investmentidea
Technical:
1)Breakout from Stage I - Consolidation zone after 19 years with good Volumes.
2)Breakout Retest with Volume dry-up.
3)Reversing from 61.80% Fibonacci Retracement.

Fundamental:
1)Posting good Quarterly as well as YoY results.
2)Substantial increase in ROCE.
3)Reduced its Debt and approaching Debt free.
4)Positive Cash Flow.

Excellent Stock to look forward to!!
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