Looks like stock is in uptrend. Withstood some tariff talk, risky but maybe an indicator buyers exist for stock. Fib retracement of nearly 50% on 1st wave. Has previously gotten rejected on 200-day MA and has the possibility to do so again. Still looking like upward trend. Chinese stock so trade tensions hold large risk.
Commentaire:
I wasn't able to get in on the trade. I trade options and position I was shooting for did not go through. If you are in basic price target is at about 26.50. I may look to get in on a pull back if uptrend continues and next aim is to fill the March gap