thutch

Bullish breakout from multi-year consolidation (35+% upside)

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thutch Atualizado   
OMXSTO:ALIV_SDB   AUTOLIV INC. SDB
Stock saw strong moves up in 2013 & 2014 off of GFC lows as the global economy rebounded.

Swedish Autoliv made their name in seatbelts but pioneer a wide range of vehicle safety products these days.

2.5 year symmetrical triangle (alt. bull flag) has broken out with some horizontal levels still above.

The flag interpretation Implies a measured move to 1500+ / share. A 35+% gain

The triangle targets 1400+, a 25-30% rise.

Potential stop at red dashed line.

Comentário:
Despite nasty action in the US (in particular), the trade remains on track
Trade fechado manualmente

The main thing is to keep the main thing the main thing
Aviso legal

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