STATS: On the way up!

Immediate Resistance: 1.26
Immediate Support: 1.2

STATS has closed at 1.25 today which equal to the previous high set on 16th Mar. With his "brother" chartered's bullish news recently, STATS will follow suit. It can be seen that STATS has a wave 1 from 1.06 to 1.14. Wave 2 from 1.14 to 1.1. Wave 3 is from the range of 1.1 to 1.23. On the other hand, Wave 4 from 1.23 to 1.18. Currently, STATS should be in Wave 5, the final wave up with a target price of 1.31. That's provided that 1.25 resistance is broken tmr.