Looking at the past months bullish trend SKT is open for a healthy swing . Entry arround $7 point exit anywhere $9+ , Holding for a maximum of 10 days . My stop or bailout indicator would be a retest of the bottom trendline .
Note that the $1.30 price range is a key loading point to get the momentum required to break past the 1.80 price range , If we break past here the next point of resistance would be the 2.05 . Failing to break these levels we could see a 1.30 barcode or even a 1.20 for the comming weeks.
CEMI testing the tripple bottom arround the $3.55 mark. Bullish pattern indicater , Needs to break past the 3 resistance points marked on the chart , 3.80 being the first. If the 3.55 fails we could drop down to the $3.30 support line.
Anything under 3.70 looks like a good entry point to me. Looking at the fundamentals the company is undervalued and currently...
Match Group, Inc.
Short Float 69.63%
Short Ratio 13.98
I have marked possible breakout points for the short squeeze and a possible resistance line . I have also marked predicted price movements over the next couple of days .
Let me know what you think !