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- Photronics, Inc(PLAB ) is acting very systematically.
- Four months of range and Big up volume last few days. It broke out today with big volume along with market.
- No of Funds sponsorship has increased for the last 3 quarters.
- EPS / Sales ( 330/16, 999/23, 167/27) has increased for the last 3 quarters .
- Industry Rank = 23
- Sector is favorable and lot of breakouts happened in this sector along with Market.
- Big Up Volume day and looks like follow thru day. Lets see whether the market is stable here.
- Its better to initiate longs with little risk and see how it works.
- 3 Months of correction will bring fresh breakouts and sector rotation.
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