AAC CLYDE SPACEaac clyde space is in a bull flag with a golden cross with 50/200 moving average. trend should be strong and target 20% up, let's go
AAC trade ideas
Trading Idea - AAC #ClydeSpace (mid-term/long-term)BUY
ENTRY: 2.285 SEK
TARGET: 2.910 SEK (27% profit mid-term)
STOP: 2.130 SEK
AAC Clyde Space AB, formerly AAC Microtec, is a company based in Sweden, which is mainly active in the aerospace industry. The company operates as a provider of space solutions and systems for state, commercial and educational purposes.
1.) The current zone represents a good entry point for investors who are interested in the company over a medium to long term period. The securities is near the support at 2.00 SEK - calculated on weekly rate data.
2.) The predicted growth for the coming year is one of the strengths of the company.
3.) The financial situation of the company looks excellent, which gives it a considerable investment capacity.
AAC before a 55% riseAAC Clyde Space is before a 55% rise. The harmonic pattern that the stocks has created suggest a target a powerful increase to around 4 SEK. If the stock cross the 2,4 SEK I think the stock will make further pullback before the rise could start. The fibonacci levels are good levels to either buy or sell the stock. Let me know what you think?
AAC Clyde SpaceLooks like this small satellite stock got accumulated recently. It failed to go lower and showed strong reaction supported by increasing volume.
The weekly bull div is strong. I use the pullback to build a position.
