Could be a good time to buy backed by strong earnings
growth estimates and net profit margins. cvgi
gained over 60% after latest earnings
release in little time but gave up almost half those gains with the market sell off which gives us a good opportunity to get in. Double bottom
formed with volume
coming in on the lows. Looks like another consolidate + breakdown before recovery, lots of positive volume
accumulation in chart. I think a safe buy would be on price exceeding $11 although $0.10 above previous close and 20ma could be sufficient will see how this develops next week. Possibly targeting around +20% market permitting.