Classic Bullish divergence on both the 4hr and daily timeframe.
Price has formed a descending wedge pattern and looks to have broken out.
Support has been found at the 0.886 fibonacci retracement level which is also a historical daily resistance level before running to ATH.
Price has formed a descending wedge pattern and looks to have broken out.
Support has been found at the 0.886 fibonacci retracement level which is also a historical daily resistance level before running to ATH.
Comment:
Earnings just been beaten by 30+% also.