Make a good decision, and realize your profit.
You can see my oldest ideas, I was always bullish on this stock, and I still am. On August 7 they report the second quarter, and I expect good numbers. Those who follow the company management expect the same, I think. But they are greedy, I am greedy too, I want to get my profit.
You can see the signs on the chart, I marked the RSI momentums. When the RSI 70 was crossed you got the sell sign. This was in the last 12 months. On the other hand, the 17.60 level looks like a strong resistance. The MACD only confirms my theory.
I expect falling in the next two weeks, a falling around 10%. We are in a bullish trend in the long term, I am sure the trend will continue, this 10% fall is just the reward for our patience.
You can see my oldest ideas, I was always bullish on this stock, and I still am. On August 7 they report the second quarter, and I expect good numbers. Those who follow the company management expect the same, I think. But they are greedy, I am greedy too, I want to get my profit.
You can see the signs on the chart, I marked the RSI momentums. When the RSI 70 was crossed you got the sell sign. This was in the last 12 months. On the other hand, the 17.60 level looks like a strong resistance. The MACD only confirms my theory.
I expect falling in the next two weeks, a falling around 10%. We are in a bullish trend in the long term, I am sure the trend will continue, this 10% fall is just the reward for our patience.
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