Last 2-months price consolidated and looks ready to breakout upside but volume was light, which is a concern. Buy point is March high with a possible target price of $11.42 with stop loss of recent swing low $8.8 area.
HI! Do you mean it will first go to 11,42 than will fall to 8,80 area? Iy yes, According to your chart when she will return to 8,8? Which time range ? end december end january ? when she will be in range 8,80 ? Regards.
BAC is a sell in accordance to the signals. CCI is 92.53, and as you know (over 100 is oversold), so nearly there....RSI is 62.42 when 70-80 is oversold... so nearly there... the fast Stochastics just penetraded from underneath, so it is again a sell signal, also look at the MACD is down and price is up which means again SELL.... so I think the last HL on your chart is the top price it will go for now, and HL will become the resistance for time being just for december and january.