SAIL - Long Term Buying Opportunity
Updated
SAIL Long Term chart looks interesting.
Breaking out of a long term channel supported by momentum, supported by relative strength and supported by volumes.
Likely to move towards 2008 highs which presents a good upside opportunity from here.
Watching closely.
PS: Now I don't quite understand Elliot wave in detail, but try and lookout for whatever could to be 3rd wave breakouts. Even if I catch a few right, the momentum makes it worthwhile
Breaking out of a long term channel supported by momentum, supported by relative strength and supported by volumes.
Likely to move towards 2008 highs which presents a good upside opportunity from here.
Watching closely.
PS: Now I don't quite understand Elliot wave in detail, but try and lookout for whatever could to be 3rd wave breakouts. Even if I catch a few right, the momentum makes it worthwhile
Note
Moving well, should hit 200 soonNote
Lacking follow through buying thus far
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