Long
NLS, potential for doubling
After a huge rally the stock has consolidated in a range during a few months forming a perfect Inverted Head & Shoulders pattern form which it has recently broken-up with an increase in volume.
I will be buying right away with a first profit target around 27.50, which is just below the previous high and the height of the H&S pattern, and a second target around 43.
I will be buying right away with a first profit target around 27.50, which is just below the previous high and the height of the H&S pattern, and a second target around 43.
PolloLoco Trader
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