Lowered average
After a spike in Feb 2019 the stock has been consolidating for the past 2 months. With a nice cup and handle formation with the handle consolidating the stock is at the apex of breakout. The stock is also staying above 21 EMA on daily. A breakout at these level first target would be previous high range of 5.26 and then a long target of 8.15 Be causious of the...
CIFS is bullish as the price breaks through the resistance after a 3 month bottoming out period. Remember to set your stop losses as support levels drop the price to 2, and then 1.
Same reasoning as the last time. Market also trending down and RSI through the roof