SCHNEIDER-Breakout after consolidation.

332
Successful Breakout of consolidation, Price closes above upper Bollinger Bands, Expansion of Bollinger Bands started.
tgt-1 1,050
Trade closed: target reached
target achieved.
Note
Strong rally in progress here, closed at 1243, 25% rally from our discussion.
Good lesson here - It is better to hold strong momentum stocks with a trailing SL rather than exiting completely.
Note
Today it is up by 5%, closed around 1305
Note
After a sharp rally price is in consolidation, 1400 level acting as a resistance, rally can resume after crossing 1400

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