With its down trend line broken, and the crossing above the 200 MA the stock looks ready to go up.
He still has to clear 8.70 on a closing. RSI shows signs of higher lows and not falling below 40% is encouraging to say the least. Targets are 9.55 and 11.30 respectively. A closing below 8.20 will invalidate the scenario.
He still has to clear 8.70 on a closing. RSI shows signs of higher lows and not falling below 40% is encouraging to say the least. Targets are 9.55 and 11.30 respectively. A closing below 8.20 will invalidate the scenario.