amateur_trad3r

Switch Inc is on sale

Long
NYSE:SWCH   SWITCH INC
Almost 50% below its all-time high in October 2017.

At a relevant support level around $14, the next bottom is at $12.

It has a resistance near $17.

It reaches its peaks in the fall, if this pattern is replicated it could reach 25 dollars for this year (almost 80% profit with the current price).

RSI and stochastic at the oversold point.

Although it fell short of expectations in its latest earnings report, it is still a profitable company with future potential.

NYSE:SWCH

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