K_K88

SOS - Waiting for a big breakout on the weekly chart

Long
NYSE:SOS   SOS Limited
1. Look like SOS found its pattern as a big descending triangle. It's weekly timeframe so we have to give it sometime to move within that triangle until it's breaking out to the upside. up to 3 months to 6 months to hit 1000% (the pole of the flag) - Target $40
2. Neutral RSI - still around 50
3. MACD is still having some downside, but we should see it reverses soon as the blue line cross over the red line

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