SAIC - Similar W Patterns W pattern above dominant channel
Upon completion of the W price may return to this strong channel despite the support formed
Move up to 115.8 completes the pattern
Short term bullish
SAIC
SAIC proved the baselineAfter Earnings, #SAIC has proven a baseline around 80$. The markets reaction with a decent move back to earlier levels, can be interpreted as a positive signal to be long here.
Fundamentals also look not bad. Operating Margin, which is around 5% , still has a big room for improvement.
