After successful breakout of Biosensor last week, this week the turn is China Milk to get the caption of “Poised for Breakout”.
“Poised for Breakout” seems likely to be more attractive in comparison to “Breaking out” as the former means the price has not moved and the latter means whoever buy now is buying at height.
The Edge---> China Milk ($0.41) is in a base formation. Quarterly momentum has strengthened notably. The breakout level is 41 cents and a successful breakout indicates a target of 56 cents.
Chart here:
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