A few weeks ago i posted a Bullish Crab setup for BEST INC and while the price did briefly dip below the PCZ, the price never got near our stoploss and is now well above our PCZ.
BEST will be releasing earnings within the coming weeks and i expect it to have major gains leading to and after earnings.
As of today i have discovered that not only did BEST have a bullish crab on the daily, it also has created this long term weekly and monthly channel that it's at the bottom of with lots of bullish divergence on the RSI.
For more context on the original Bullish Crab idea refer to the idea located on the related ideas tab below.
BEST will be releasing earnings within the coming weeks and i expect it to have major gains leading to and after earnings.
As of today i have discovered that not only did BEST have a bullish crab on the daily, it also has created this long term weekly and monthly channel that it's at the bottom of with lots of bullish divergence on the RSI.
For more context on the original Bullish Crab idea refer to the idea located on the related ideas tab below.
