BITA has fallen 84% from its 2014 highs of $98.28 to its 2016 of $16.09 low.
Stock has shown signs of recovery from its 2016 lows.
Impulsive upward momentum could imply further pending upside.
Key support at $25.75
Critical support: $16.56
Upside Target: $45-$55
Break of critical support will void this analysis.
Stock has shown signs of recovery from its 2016 lows.
Impulsive upward momentum could imply further pending upside.
Key support at $25.75
Critical support: $16.56
Upside Target: $45-$55
Break of critical support will void this analysis.
Komentarz:
Conslidation completed.
Trade at your own time own target.
Trade at your own time own target.
Transakcja zamknięta: osiągnięto wyznaczony cel
If the upside move does not come within the next 2-3 trading days, the stock could likely be forming a more complex correction which is not complete.