This one shows a good ROIC (return on invested capital) which means that fundamentals support the long side, however this sector is one of the hated, but still, i see some accumulation building.
I will wait for the wegde breakout to get long, and i'll wait until the 38.2% retracement, that's a 60% upside.
I like this one a lot!
Thanks,
S.
I will wait for the wegde breakout to get long, and i'll wait until the 38.2% retracement, that's a 60% upside.
I like this one a lot!
Thanks,
S.