This is one that I have noticed seems to be displaying nice strength and I like the textbook contraction of volume through this base and the last 4 trading days (buyers gaining strength) . We are in a pop and squat market so I am setting my stop tight on this and earnings is coming soon so I am going to possibly exit prior to this depending on my profit cushion at the time and I well keep and eye on options too for hints .
There is also a red flag of insiders selling too recently ... I don't like that . Still in the trade though as I like the nature of the business and the timing as covid vaccines start to have an affect and we see things re opening. This years eps is bad but the expectation is for this to return to profitability in 2022. Could be a good recovery play .
Tight stops ~
There is also a red flag of insiders selling too recently ... I don't like that . Still in the trade though as I like the nature of the business and the timing as covid vaccines start to have an affect and we see things re opening. This years eps is bad but the expectation is for this to return to profitability in 2022. Could be a good recovery play .
Tight stops ~
Comment:
We are successfully retesting base resistance today , good sign. Potential entry opportunity for those interested in getting long on SEAS
艾力克~