Post by
BePatient4now on Aug 27, 2023 2:38pm
Sell candidate since August 3 2023.
Price has risen in 6 of the last 10 days but is still down by -4.36% for this period.
Volume increased which is a positive technical sign.
Stock lies in the lower of a very wide falling trend in short term, may be a good buying opportunity.
If lower trend floor at 51.23 is broken, it will firstly indicate a strong fall rate.
Given the current short term, the stock is expected to fall -7.44% during the next 3 months with 90% probability hold between 47.42 and 61.24 at the end of this 3 months period.
Resistance at 55.38
Trading risk-reward intraday as attractive and a possible profit can be made before the stock reach first resistance.
Several negative signals so we believe that it will perform weakly in the next coming days or week. Over all risk is high.
Our way of seeing it, you do what you want with it, only our opinion.
Go Bomber Go!
Comment by
Nordico on Aug 27, 2023 4:24pm
Troll wants people to sell so he can make money on his Short position. There, summed up for people so they don't have to click.