Long trade in AGYS
Agilysys (
AGYS) is showing tremendous strength here. After news the company inked a property management deal with Marriott last month, shares surged 33% in 2 days with minimal retracement.
AGYS is now forming a small consolidation base in the $76-$80 range and holding its 10-day moving average (yellow line).
I am taking a small pilot position here with a stop beneath the short-term support level. I will add on if it breaks out to new highs.
AGYS) is showing tremendous strength here. After news the company inked a property management deal with Marriott last month, shares surged 33% in 2 days with minimal retracement.AGYS is now forming a small consolidation base in the $76-$80 range and holding its 10-day moving average (yellow line).
I am taking a small pilot position here with a stop beneath the short-term support level. I will add on if it breaks out to new highs.
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