Moving inside uptrend parallel channel, the stock has been moving steadily with the recovery sentiment. MACD signals continuation of breakout, however RSI is oversold.
Based on previous price action, we cloud expect some pullback to occur for few days before the rally resumes. Best entry is to trade on breakout.
EP 0.875
TP 0.920 (+5%), 0.990 (Fibo 1.272 +22%)
SL 0.830 (+5%)
Speed: Super fast with only 24M shares float (6% of 400M shares)
Sentiment: Economic recovery theme & bullish transportation sector
TAYOR
Based on previous price action, we cloud expect some pullback to occur for few days before the rally resumes. Best entry is to trade on breakout.
EP 0.875
TP 0.920 (+5%), 0.990 (Fibo 1.272 +22%)
SL 0.830 (+5%)
Speed: Super fast with only 24M shares float (6% of 400M shares)
Sentiment: Economic recovery theme & bullish transportation sector
TAYOR