ABTL: Potential weekly uptrend, heavily accumulated stock

This stock is an example of a great mid cap stock to own. Valuation is just right around here, and there's a chance to confirm a weekly 'Time at mode' uptrend signal, which would imply seeing upside to the 22 handle or so.
Technicals show a strong accumulation base, with the RgMov trend analysis indicator surging, showing hidden strength in the background.
Downside risk is only $1.46 from entry, if buying at market open next week, giving us a 3.29:1 trade, not too shabby.


Good luck,

Ivan Labrie.

Yorum:

I'm scooping more shares against support here.

s3.amazonaws.com/tra...shots/k/KYVqivof.png

risk is $1.50 per share