SRCL another ticker I believe will have a some decent moves despite it being back to precovid levels. The reason being is that once there is a vaccine. Just think of all the medical supplies that nurses and doctors need to use to administer the vaccine. Once a syringe and needle that is used in the injection will be put into the medical waste , which simply does not go to the standard dump. Vaccines are given through IM injections. Here is a video incase you don't understand what I mean. www.youtube.com/watch?v=tizT_9ZH...
This is a medical disposal company and on the weekly it looks like its forming a triple bottom. hammering at resistance .
On the Daily we can see where i circled some important event. I believe it was already on the verge of breaking out but this covid scare lead to the first drop . The second circle is maybe due to the market taking a retrace and it being a major supply zone where bag holders wanted to get out. Now the third circle is very interesting as we are starting to find some support and this to me is a very bullish signal before this breakout of resistance. I don't have a specific play yet but this may be a great semi long term hold if the breakout is played correctly. Likely it will breakout of major resistance and then you can catch the next higher low or retest of resistance.
This is a medical disposal company and on the weekly it looks like its forming a triple bottom. hammering at resistance .