Larsen & Turbo making a new high

Larsen & Turbo is making a new high after more than 11 months. On the weekly time frame it is a very strong breakout, and on daily basis it has set up quite nicely for a positional trade, If one has missed it, can enter on a correction on hourly timeframe, keeping stoploss below the indicated red line. Keep in mind that, risk management is "everything" in trading.
breakoutChart PatternsinvestingstockstobuyTrend Analysisuptrend

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