I am planning to enter into #COFFEEDAY at the 55.60 level.
1. Company has reduced debt.
2. Stock is trading at 0.33 times its book value.
3. Stock is rounded with a lot of news.
4. Good level of price bounce at 53.70 to 61.65 of 14.80% returns in 5 days.
5. Definitely Big Players have participated in this level.
6. Therefore, it could be a high probability trade since the trend is also in our favor.
Chartbusters - chart - 8597553