50 MA has crossed the 200 MA recently.
Stock is on the rise & is making higher lows.
However, it has moved up too far from the 50 MA.
Buy at around 340 levels after the stock falls and then resumes uptrend.
Target of around 400 in 3~4 months.
Company came out with turn around Q2 after almost 5 qtr of bad performance. Decent company. Big volumes started building up in it. Seems big sharks getting interested here. Chart looks very good for immediate upside, positional stop 302 look for 370+.