AthenaCapital

SNC Lavalin 30% upside

Long
TSX:SNC   None
Top left looking at the yearly candle we have the 2-1-2 reversal in force.
I am looking at a price target $48, after spending most of 2020 consolidating its obvious the trend for 2021 has been very positive and I see no reason why it would stop now.
Ideally next week when the new quarterly candle gets going, we see a break to the upside taking out last quarter high of 38.66 as quickly as possible that would be very bullish and reinforce the current trend

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.