ACE looks good after retesting... Time to move high?

ACE is another stock which has broken the parallel channel and also looks good after retesting... ICICI Broker has also given a target upto 290... Looking at this breakout we can expect it to move atleast 10% from the CMP but Iooks like there is a strong resistance(blue line) if it is not able to break that resistance, it might take more than 2 months to achieve the target. This can be a good opportunity for traders with good patience.
Disclaimer: Kindly consult your financial advisor before taking any trade. #personallyInvested