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Sell UFO Movies with a Target of 350 & SL of 397.
Chart is self explanatory.
stock formed double bottom and breakout form downtrend line.
it also retested downtrend line.
buy range 440-470
Target: trail sl only( levels to exit. 520 580)
Stock has completed forming a double bottom or rounding bottom or whatever you want to call it.
MACD and RSI shows positive divergence. If 480 can be breached, Tgt1 - 504, Tgt2 - 532
closing above 471 on daily basis will bring 520+