SAK bullishness*NO fundamental analysis*
SAK is on the rage after breaking out the significant trend line. Now, it is heading to the major zone of the market structure. If it breaks the red zone, it will lead to a huge move to the upside.
The RSI is also supporting the price on potential bullishness.
SAK trade ideas
SAK with trade setup of IPO type 2Today SAK broke out the resistance area of W.2 or B with abnormal volume. That may be the signal of beginning of W.3 or C. I expect this technical pattern of the leasing company could be IPO type 2 (Dragon Flying). We may take this opportunity to trade on high expected gain with limited loss.