Bears were in control for a while but not anymore. Bulls managed to push this baby quite a bit and now it's time to see how powerful those bulls are. Is this stock going to pierce through the 200 ema ?
RSI is overbought but this is normal which such a run, daily RSI looks sweet.
Let's keep an eye on this one. If the bulls manage to break the 200 ema, we will see a run.
Any thoughts?
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Here we go !
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First Target : 40.75$ (100 ema)
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Now the 200 ema is our support level, will it hold ? I hope so. If it does we should see a higher buying volume, and that will create a run.