ASUR may be coming up for a range play.
Updated
ASUR may be coming up for a range play. Expecting +/- 2.5% downside before a reverse to the upside.Possible trade play:
- ~3.3 risk ratio by looking to open a position around $8.5.
SL at 8.05 for a 5% draw down.
Looking to get out around 9.95 for a ~17% gain.
CFO & CEO bought 10,000 shares each at $8.75 on the 12th of November
Current analist price target is $13.
Note
Disclaimer: This is not financial advice. It is an opinion. Magnus is not a financial advisor.Note
It trades sideways... Interesting
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