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Analysis: #NASDAQ: #SPNS
Case 34 #Sapiens International Corporation NV
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
SPNS 1/6
Case 34 #Sapiens International Corporation NV
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
SPNS 1/6
After peaking at a high of 108.00, Sapiens fell heavily, during in sentiment with the Dotcom bubble to record a new all time low. It's been rather quiet and stable since then - but, from 2008 it began to rise.
SPNS 2/6
SPNS 2/6
.... 2019 has seen the stock move parabolically and the $26.47 object is within touching distance.
#Parabolic moves are usually preceded by huge corrections and for this reason we don't want to enter at a wrong price.
SPNS 3/6
#Parabolic moves are usually preceded by huge corrections and for this reason we don't want to enter at a wrong price.
SPNS 3/6
