Altice USA, Inc to print disturbing gains of 500% ??

7 hari yang lalu

** For the active investor — weeks and months ahead **

On the above 10 day chart price action has corrected 95% from $38 to $1.65 without the aid of stock splits. A number of reasons now exist to enter a long position. They include:

1) Price action and RSI resistance breakouts.

2) Support on past resistance confirms.

3) Regular bullish divergence. Multiple oscillators print positive divergence with price action over a 3 month period.

4) No stock splits!

5) 10% short interest.After 95% correction, good luck with that.

Is it possible price action continues to correct? Sure.
Is it probable? No.

Ww

Type: Investment
Risk: You decide, please do you’re own due diligence
Timeframe for long: This year.
Return: 400-500%, no significant resistance until $12
Stop loss: elsewhere