Current price: 29.70
Key point: 29.65
Our preferred direction: buy positions at the highest levels of 29.65, targeting 32.30 as the first target, then 34.45 as the second target.
Alternative scenario: stop loss and change the trend by breaking the 29.65 level, targeting 26.70 levels
Technical commentary
The ground services stock with code number 4031 is moving in a downward direction on the daily frame from the peak of last July.
Until it reached and rose from the support levels 28.75-29.65 and above the 200 day moving average
It is expected that the stock will head to 32.30 levels, then 34.45 levels
