KXS 20% Upside Long position starting wednesday. Will be looking for a minor sell off to start positon.
KXS trade ideas
ENGH Analysis 01/03/21Company: Enghouse
Ticker: ENGH
Sentiment: It may be due for a reversal, it is currently down by about 24%. That means the upside to reach all-time high is about 31% from its previously closed price point.
Analyst PT: about $80
Risk: Low, it is a high quality stock that is bound to surpass the next couple of years, but if you want to play the short term swing, it is safe to do so. It may fall to $58 but that's pushing it, at this range it is already a great buy.
NOTE: This is not a financial advise, but simply my opinion, and should be viewed as such.
KXS.TO Short-Term Trade In Long-Term Trend DirectionShort-term momentum looks to have re-aligned with the longer-term uptrend. We had a deep pullback into late October, but the price doubled bottomed there and had a sharp recovery after. Looking to capitalize the short-term rally which could unfold into a major upwave.
Target is conservative but has a great reward:risk. Can also use ATR Stops as a trailing stop loss--if price closes below the indicator line, move the stop loss to just below the low of that day.
