Snowman logistics weekly chart has shown a breakout on a w formation with good volumes.
Retest on daily chart is already done.
Expected good Quarterly earnings.
This trade involves the modus operandi
1. Cup and handle patter at after a steep downtrend
2. Price conforming support at handle base
3. Divergence formation since last couple of days
4. Price has crossed the 500 SMA line and maintaining the support levels.
