SMPLSMPL (The Simply Good Foods Company) is Bull to at least ~40.
There is a strong uptrend and the On Balance Volume and the RSI have both reach the lower limit of volatility.
There is now enough pressure to provoke a Mean Reversion and then continuation of the upwards trend.
A stop loss of 35 is low enough to not be exited by volatility.
There is a strong uptrend and the On Balance Volume and the RSI have both reach the lower limit of volatility.
There is now enough pressure to provoke a Mean Reversion and then continuation of the upwards trend.
A stop loss of 35 is low enough to not be exited by volatility.
Comment:
Accuracy is much higher now. Ignore my first 6 stock ideas posted July/August 2021.