BTC $62,583.00 ▼ 1.33% ETH $1,845.76 ▼ 1.59% USDT $0.9992 ▼ 0.00% BNB $581.82 ▼ 0.43% XRP $1.07 ▼ 1.29% SOL $72.53 ▼ 1.15% DOGE $0.0691 ▼ 1.60% SHIB $0.00000483 ▼ 2.98% PEPE $0.00000282 ▼ 3.51% BTC $62,583.00 ▼ 1.33% ETH $1,845.76 ▼ 1.59% USDT $0.9992 ▼ 0.00% BNB $581.82 ▼ 0.43% XRP $1.07 ▼ 1.29% SOL $72.53 ▼ 1.15% DOGE $0.0691 ▼ 1.60% SHIB $0.00000483 ▼ 2.98% PEPE $0.00000282 ▼ 3.51%
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Piyasa

SAGA Bullish Compression Ahead of Potential Breakout

SAGA Bullish Compression Ahead of Potential Breakout

Saga plc LSE_DLY:SAGA

Considering the potential minor setbacks it could face with its river cruise, this stock still has a lot going for it. From a technical point of view it also still looks very bullish, with a series of rising lows now reaching the 700p level. Volume has told the story along the way too, strong buying support as price pushed through 500p, followed by a tight squeeze higher on high volume rejection to the downside.

I wouldn't be surprised to see this one break out, and any disruption from the river cruises could see loyal customers offered preferential rates on their ocean cruise lines instead, that's what I would offer anyway. Results are not for a couple of months yet, but worth keeping your eye out for a trading update.

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