showstopper

IRBT Trading in very tight channel

NASDAQ:IRBT   IROBOT CORP
16 0 0
Very stiff resistance @37.60 and a good support provided by 200dma. Price action should be above the trendline as shown in the graph and could break out above the resistance if we have some volume . Couple of days of consolidation and either side is a possibility. Currently trading at upper channel of Bollinger Bands tells me it should hit lower trendline before moving back to test the resistance.
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