I4

Sonic may be repeating its last uptrend.

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NASDAQ:SONC   None
1
On a daily chart, the stock gapped up above the 50ma and is slowly reaching a log trendline that is in synchrony with the 50ma. This is a bullish pattern that has proven itself many times before and offers solid buypoints. Im waiting for the price to get closer to the 50ma and trendline for a possible entry.
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