Pennant breakout possible.
Stock has shown strength on both days of the smallcap fall.
Long above 700 and then add if the stock convincingly takes out 715.
SL below 670.
If 715 breaks convincingly shift SL to 700 so it becomes a low risk trade.
Note: Good result declared by the company and has over 10% of its marketcap in cash reserves.
Stock has shown strength on both days of the smallcap fall.
Long above 700 and then add if the stock convincingly takes out 715.
SL below 670.
If 715 breaks convincingly shift SL to 700 so it becomes a low risk trade.
Note: Good result declared by the company and has over 10% of its marketcap in cash reserves.