Info only, not advice
Seasonal play - between 25% to 50% every year apart from 2020 for the obvious reason...
Earliest start of the uptrend is Nov so I would think Dec is a good time to go Long with an exit in Feb / Mar unless trend breaks
Amazing stock that has started to rally 10% since new CEO has been appointed.
The stock had dropped from a few years support due to under-performance by previous CEO. The stock is ready to pick-up again and reach the old support channel.
The stock has strong down-side protection. The real estate of the company is valued almost as much than the current market...
Here we have another Wolfe wave (been a few cropping up lately) with a price projection of 377, a 15% increase from current levels. Personally I will be looking for an entry @ 225 with stops below recent low, alternatively waiting for a break with a close from falling wedge would be another point of entry.
descending channel
50,200 average are bearish
hoping for a lower low lower close candle today.
ride the trend down and move stop accordingly
rsi below 50
