I have been observing this stock for a long time. There is a rounding bottom and the prices have been crossed the Simple moving average 200 daily. They designed a first pullback on the SMA 200 that was a nice opportunity for a nice operation. Now we are in a phase that seems a new pullback. The time cycle seems at final countdown. In my opinion is a nice opportunity to enter for a long time operation LONG. The stop loss is located if the prices will cross down the SMA200.
There is a similar operation I did with an Italian stock FIERA MILANO, I will putt an image of that.
There is a similar operation I did with an Italian stock FIERA MILANO, I will putt an image of that.
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