What I see...
+ Very strong vol. esp. via the weekly chart
+ Despite earning released last week, price was held up by both 10 and 50 EMA
+ 10MA is about to cross up over 200MA
+ RSI is at 62
+ MacD appears to be bouncing off of signal line
+ Strong close on Friday
- All-time high at $160; may become next resistance
- 50MA is still under both 10 and 200MA
- Thursday's sell-off, post earnings, was of very high vol.
What I setup...
+ Very strong vol. esp. via the weekly chart
+ Despite earning released last week, price was held up by both 10 and 50 EMA
+ 10MA is about to cross up over 200MA
+ RSI is at 62
+ MacD appears to be bouncing off of signal line
+ Strong close on Friday
- All-time high at $160; may become next resistance
- 50MA is still under both 10 and 200MA
- Thursday's sell-off, post earnings, was of very high vol.
What I setup...
- Long entry above Friday' high
- Target at $160
- Stop at Friday's low
Trade active:
Long entry triggered