No changes to our previous expactations. We consider LONG as base scenario.
Additional justification for a long position can be provided by the statistics of seasonal fluctuations in stock prices over the last 10 years (see on the screen picture attached). While at the current moment the price is down by 5%/
Additional justification for a long position can be provided by the statistics of seasonal fluctuations in stock prices over the last 10 years (see on the screen picture attached). While at the current moment the price is down by 5%/
Comment:
The price has fallen into the sell-side liquidity zone. To buy the asset it is reasonable not to hurry, but to wait for the price will return above 13.76. This will form a set-up and allow to assess the risk/reward ratio