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from8to80
Jun 12, 2017 9:14 AM

$GMAA.L 2.5year trendline breakout Long

GAMA AVIATION PLC ORD GBP0.01LSE

Description

LSE:GMAA just broke out of a 2.5 year descending trendline on massive volume.
This breakout coincides with the breakout of a smaller 18-week symmetrical triangle which allowed the stock to digest a big 128% move from previous lows made in December.

On the fundamental side, the stock has shown EPS growth acceleration of 15.18%, 16.60% and 37.04% for the past 3 years.

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