Sohu.com (SOHU) Nears Technical Breakup
Shares of Sohu.com (SOHU) have been artificially suppressed because of the trade war tensions. However, that may not last much longer. The technical chart on Sohu.com shows a major breakout on the verge. Any closing price on Sohu above $10.50 should trigger major upside. There is almost 60% upside in the near-term with long-term (1 year out) being $30.00, an almost 200% move. The key again is a break above the down-sloping trend line shown on the chart below. Lots of money sits on the sidelines on these names but it will rush in soon.
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