Not a good time.
Stock remains very range bound and is sitting on the 50% range of the band.
While MACD & RSI remain in the positive zone, bull energy appears to be lowering and it expected to head downtrend in the short term if MACD & RSI head into negative territory.
$60 remains as a strong resistance and support. If stock price is able to float around $60 while MACD & RSI steps into negative territory, it has great potential to stage an upside and build on its run from there.
Since it is a relatively new stock, 50 MA and 100 MA are still sitting well (slightly) under the current price.
Stock remains very range bound and is sitting on the 50% range of the band.
While MACD & RSI remain in the positive zone, bull energy appears to be lowering and it expected to head downtrend in the short term if MACD & RSI head into negative territory.
$60 remains as a strong resistance and support. If stock price is able to float around $60 while MACD & RSI steps into negative territory, it has great potential to stage an upside and build on its run from there.
Since it is a relatively new stock, 50 MA and 100 MA are still sitting well (slightly) under the current price.