Hi all, issuing a buy on this, based on the following: Context:...

Hi all, issuing a buy on this, based on the following:

Context: As most followers know, SRV has been in "outperform like crazy" mode in the past few years. I'd be an absolute fool (or simply a risk-seeker) to try to short-sell this stock given this uptrend. And currently it is in a consolidation.
Volume spike worth over 400k last week when TOTAL bids and offers sum to less than 100k suggest something is brewing, most likely took place via an off-screen trade...if anyone happens to know more info about that day, please share!

Charts: Weekly chart forming a pennant, price broke through this pennant last month, and price has gladly been accepted in these higher levels. In doing this, it has formed a tight consolidation on the daily chart, another pennant between 7-7.25. These tend to break to the upside.

Trigger: The fact that price has attempted to go lower than 7 and has been rejected 6 times as of today suggests strong support, and add that volume spike may also suggest institutional involvement in this stock.

Depth: Not the prettiest, but very unreliable to take it for it's face value, given that the volume spike did take place without moving price as it normally would. Some hidden/institutional orders may be at use.

Shorts: There is actually short interest on this stock, somebody is shorting 5 shares of it! (Link) Is it enough for you to be running scared?





Feel free to add your fundamentals, or general thoughts, hopefully all analyses align!

GLTA