HUBER SUHNER PSYCHOLOGICAL MARKET CAPJust to remind me about this stock
Under 1 billion is short. Over is long.
Steadily growing in an ascending triangle. There are some selling harmonic, but the trendline is still intact. After the long run between 2003 and 2017 there was an upward consolidation (ascending triangle) and seems now huber and suhner to be able to stay above the ema 200.
The 1 billion market cap (around 50 dollars, dotted line) after opposing resistance between 2012 and 2016 was finally support on early 2017 .
56 dollars level is fundamental for the ambitions of huber and suhner.
this level was the downward break out level from the top in 2007 and 2011. In early 2018 this level acted as upward break out level for the last top of June of this year.
Now I expect me a rebound from this level with short term target at 65 and 71 dollars.
I will let the rest for the long run.
BIO
