again after digesting earnings
gap up. The bearish engulfing
candle which was formed on Tuesday didn't have a follow through down which suggests buyers are definitely taking over. Close on Friday was confirmation of the same. Price closed just below 20dma which should immediately suggest that price can test 52.50 level before moving back up again, or it might consolidate btw
52.50 - 54.50 before any serious upside. RSI
is rising plus MACD
is curling up, bollinger bands
are not overbought or oversold, all in all a very nice R/R here to go long in a day or two.