Nureca is a stock that had a fantastic run of hitting continuous 5% UC soon after it got listed last year. Since then, the stock has been consolidating and now is forming a base above the 50% level of the trading range in which the stock is currently in. The company is expected to announce their quarterly results over the weekend. Conservative investors can take a position above 1800 while aggressive investors can enter with SL below the base being formed within the trading zone.
This is a long term investment call.
This is a long term investment call.