SIDO potential Butterfly Pattern and Cup&Handle (previous post)
Updated
SIDO potential forming Butterfly pattern after successfully completed Point C and reverse to the upside.
Hopefully SIDO able to complete the pattern which is the next resistence and continue to reach the Cup&Handle pattern target (see previous post on Cup&Handle pattern)
Hopefully SIDO able to complete the pattern which is the next resistence and continue to reach the Cup&Handle pattern target (see previous post on Cup&Handle pattern)
Trade active
Point C violated and invalidate the Butterfly.Let's see if SIDO can form a double bottom for a nice moving up.
Management has target 10% growth for 2024 and hopefully this will be the catalyst for moving up this year.
Trade closed: target reached
SIDO reached target. Personally still hold position for higher price target.
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