I think we are going to see a move towards december 24th prices, but not sure if we are going that low.
I will say that the TA here says its a downtrend, but I think the bigger questions is if the investors are just ignoring the FA and all the numbers coming from the companies, to just push the prices up.
I am still long on this one.
Because all of the postive news coming from the company. New big orders from the emirates and germany. And if these are succesfull there will follow bigger orders from both countries, this will lead to more orders from more countries in the future.
If the stock breaks up through 181, the downtrend will have be broken. But i doubt this because of all the negative news around the company. I think we will see this continue in its downtrend, until the new CEO takes office.
I love the swing in this stock. I swings quite a lot, so there is tons of money to make of it. I think we will being heading back up to test 75, if it breaks, then look out 95.
I will set my stop loss close to the asking price since big drops have accrued.