Ive never heard of or watched this company before today and at a glance, my knee jerk reaction is to short this. HOWEVER, the pattern is a bit different here post earnings beats. We see the usual sharp rally, followed by a sell off but this one is much less shallow. Its tested obvious resistance at 12usd 5x. Watching to see if it whether it will break out or if yesterdays candle is a hanging man....
Comment:
This is up roughly 10% since posting... might be worth staying long but trail stops. Good luck!