SIDO potential Butterfly Pattern and Cup&Handle (previous post)

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)

Trade ativo:

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 fechado: objetivo atingido:

SIDO reached target. Personally still hold position for higher price target.