I had shared my thoughts on this stock a few weeks ago. Here is the previous post.
Subsequent to the above post, the price did a retest of the breakout area and has displayed constructive price action today. Am already long in this stock and would add more on...
This stock is a wonderful case study on support / resistance levels and Wyckoff reaccumulation. Notice how price has been consolidating near the all-time-highs. Notice the breakout and retest in the daily chart. A nice chart and am long today..
TAKE is good software company in Life Science and SCM domain.
It is forming ascending triangle on weekly charts and is good bet for short term.
Stock quality is good; investors can consider it for long term investment.