This is just for kicks. I'm not a Technical Analysis.
I simply see the patterns in which my mind makes me want to see.
Analysis:
Lower resistance level at 12.50
Med resistance level at 13.53
High resistance level at 14.50
Bears want to push it down to the 12.50/
Meanwhile, the Bulls need to keep it above the 13.53 line to stay in control.
Bulls tested 14.50 4 times in the past 5 months. Can we break out after earnings, or will we fall below the 12.50
In conclusion.
I do see a break out of the 14.50 level based on how the CM_Sling Shot System cloud looks. I do see a fight from the bears as they try to pull us in between the green and red line.
Target $18-$20 Q2, $20-$30 Q3 , $30-$40 in Q4
I simply see the patterns in which my mind makes me want to see.
Analysis:
Lower resistance level at 12.50
Med resistance level at 13.53
High resistance level at 14.50
Bears want to push it down to the 12.50/
Meanwhile, the Bulls need to keep it above the 13.53 line to stay in control.
Bulls tested 14.50 4 times in the past 5 months. Can we break out after earnings, or will we fall below the 12.50
In conclusion.
I do see a break out of the 14.50 level based on how the CM_Sling Shot System cloud looks. I do see a fight from the bears as they try to pull us in between the green and red line.
Target $18-$20 Q2, $20-$30 Q3 , $30-$40 in Q4