RunningAlpha.com Capital Upgrades $JO to Strong Conviction BuyRunning Alpha Sentiment Intelligence is currently indicating that the Coffee market is turning the corner iminently -- look for a massive rally from here into 2017. Nominated for the 2016 Benzinga Fintech Awards this May in New York City, RunningAlpha is dedicated to providing actionable intelligence.
Fintech
$SQ Cup&Handle Breakout FIb ret. and continuation of trendSquare's trend has changed, if you don't belive me take a look at this chart! Following an unsuccessful IPO (Can't think of any successful one in today's market enviroment) it bottomed out at $8.05 and volume dried up, subsequently it started gaining momentum volume picked up and reached a level of 12.64 forming what looks to be a cup, then the handle came along at a theoretically perfect retracement level 38.20% in Fib terms. The breakout pushed the stock beyond the high of the left side of the cup, and volume is continuing to increase signaling fresh buyers. Adding to all Mizhuo initiated coverga eof the stock issuing a BUY rate with a target of 16$ (www.marketbeat.com)
