Get started
epaka

EGHT - Breakout + Simple Channel Up

Long
8x8 Inc (NASDAQ:EGHT)  
epaka  
NASDAQ:EGHT   8x8 Inc
Trend Analysis Support and Resistance Trend Lines 8x8 stocktrading breakout long-term
0
0
trendanalysis supportandresistance trendline 8x8 stocktrading breakout long-term
EGHT broke out of a year long down-channel today. Earnings report on 1/24 - several consecutive quarters or profitability. Expecting an EPS miss, as per typical, with minimal effect on the trajectory. Looking at a slow rise back to the moving resistance line - somewhere in the range of $16.70 - $17.25.

Steady gains. Let's go.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.