SRZ looks like a very interesting company from a technical perspective to hold over the short term. As fundamentally their financials look bad. But, this could serve as a nice speculative play judging from the current price actions.
So looking at the technical perspective, SRZ has finally broken through the top resistance line at $2.64 with relatively high volume. Will need another huge run up again away from the $2.64 resistance to confirm my confidence in entering. None the less the next key resistance level is at $3.16 at the 100 day EMA. MACD is showing that SRZ still has a couple more room to the upside in the short term towards $3.16. May consider entering tomorrow if the market gives me an opportunity.
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