ObiWanJacoby93

The Gores Group - More Upside to Come

Long
NASDAQ:GHIV   None
Strong investment group with a good track record.

The stock is oversold on the 6-month chart.

Expecting MACD to cross over in the next month, gaining momentum, and pushing up towards the $14 level in the next 2 months. There is a downside support at $10.50. I like the reward risk/reward ratio on this one.

Playing as a swing trade with buy levels at:
- $11.55
- $11
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