Altice USA, Inc to print disturbing gains of 500% ??** For the active investor — weeks and months ahead **
On the above 10 day chart price action has corrected 95% from $38 to $1.65 without the aid of stock splits. A number of reasons now exist to enter a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support on past resistance confirms.
3) Regular bullish divergence. Multiple oscillators print positive divergence with price action over a 3 month period.
4) No stock splits!
5) 10% short interest.After 95% correction, good luck with that.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: You decide, please do you’re own due diligence
Timeframe for long: This year.
Return: 400-500%, no significant resistance until $12
Stop loss: elsewhere
