Long
Switch Inc. is on sale
Almost 50% below its all-time high in October 2017.
At a relevant support level around $ 14, the next bottom is at $ 12.
It has a resistance near $ 17.
It reaches its peaks in the fall, if this pattern is replicated it could reach 25 dollars for this year (almost 80% profit with the current price).
RSI and stochastic at the oversold point.
Although it fell short of expectations in its latest earnings report, it is still a profitable company with future potential.
NYSE:SWCH
At a relevant support level around $ 14, the next bottom is at $ 12.
It has a resistance near $ 17.
It reaches its peaks in the fall, if this pattern is replicated it could reach 25 dollars for this year (almost 80% profit with the current price).
RSI and stochastic at the oversold point.
Although it fell short of expectations in its latest earnings report, it is still a profitable company with future potential.
NYSE:SWCH
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