PEL is looking for a move towards the upside. The way it has broken away from 2+ years of trendline shows the strength of the bulls present. PEL is interestingly a money bag for those who prefer to stay long in the market with a futuristic view however fundamentals will play a huge role in the coming movements. Keep an eye on quarterly reports and future business opportunities.
Disclaimer: All charts are purely for educational and information purposes only. Invest or Trade at your own risk.