Longsetup for TAL
TALWe realized some unusual call volume in the last days for the chinese stock of TAL. As TAL was performing well in 2022 many investors speculating that the uptrend will continue and there will be a breakout above the last high.
TAL Education is a member of the Consumer Discretionary sector. This group includes 285 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. TAL Education is currently sporting a Zacks Rank of #2 (Buy).
Stop Buy: 10.47 $
Sell Stop Loss: 6.50
Sell Profit Target: 15.00
When the stock reaches 13.50 $ you can also move the stoploss to your entry price as a breakeven stop.
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