A stock thats taken support at the 200WEMA & 50MEMA multiple times.
There is a beautiful RSI triple divergence on the weekly chart.
The stock will breakout above the downward trendline.
Long above 335 with a SL below 310..
IF you have a longer horizon then below 280.. (With this deep a SL the allocation can't be more than 5% of capital to start with and then Pyramiding upwards)
Its a stock worth taking a value punt based off defense orders...city surveys..5G Tower placements etc...
The stock has a few near term resistances like 330-345-360-375 and then there is absolutely nothing to stop the stock really breaking out.
There is a beautiful RSI triple divergence on the weekly chart.
The stock will breakout above the downward trendline.
Long above 335 with a SL below 310..
IF you have a longer horizon then below 280.. (With this deep a SL the allocation can't be more than 5% of capital to start with and then Pyramiding upwards)
Its a stock worth taking a value punt based off defense orders...city surveys..5G Tower placements etc...
The stock has a few near term resistances like 330-345-360-375 and then there is absolutely nothing to stop the stock really breaking out.