Updated chart from yesterday. We have pushed through the neckline of inverse head & shoulders. Looking for $53 in time.
$USCR was nearly $100 a share in January 2018 and has been decimated to recent levels. Chart is a bit sloppy as stock has a thin float, but I see a bullish inverse head and shoulders with a measured move target of $53. From the top of the head to the neckline is $18. Add $18 to current price and you get a $53 target. I am long. Let the infrasturture rebuild begin!
$USCR was nearly $100 a share in January 2018 and has been decimated to recent levels. Chart is a bit sloppy as stock has a thin float, but I see a bullish inverse head and shoulders with a measured move target of $53. From the top of the head to the neckline is $18. Add $18 to current price and you get a $53 target. I am long. Let the infrasturture rebuild begin!