Reasons for bullish sentiment: 1. Lots of new prisoners as a result from the looting 2. Occuppancy of prisons would get a lot closer to 100% 3. Corona dropped the stock way too much 4. low P/E 5. Profitable company
Technical analysis: 1.Weekly bullish divergence 2. lower channel line bounce 3. high volume in reversal candles
Targets: first target $17 second target $18.90 third $22.40 fourth 24.30