AKS has pulled back to 61.8% Fibonacci level and building a strong support at this current price range. Adjusting stop loss. No sell limit.
I think Oil is still in a bullish mode (geopolitical tensions and OPEC compliance)
Low Risk High Reward play for AVEO phase 3 catalyst on August 31.
My prediction is that AKS will have a strong earning and will resume its bullishness a week ago (July 19). Right now, we are in a pullback stage. RSI indicates that AKS is oversold. This price at $6.19 is the price that I decide to go in. The Risk/Reward Ratio of this trade is 2.93
consolidation at a very strong support at $6.40 range. This could be a very profitable play by adjusting our Stop Losses.