Current price: 28.85
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 27.5 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 the support levels 28.75-29.65 and above the 200-day moving average
So, if the price is able to form an upward price behavior, the stock will head to the 32.30 levels, then the 34.45 levels.
