The_Cannalyst

Rallystart? Big Picture Analysis

Long
The_Cannalyst Updated   
NASDAQ:IRBT   iRobot Corporation
26
IROBOT beats analysts exspectations. This Event skyrocketed the stock to the first resistance Zone between 37,6-38$. The next days a consolidation at this high Niveau can be exspected.
Could Irobot trade above this Level, Prices round about 41,8$ could be exspected technically. ABove this Level, the next TP could be 46$. Above that Level, the uper edge of the longtermtrend can be aimed at 55$!
The stocks seems to turn bearish with Prices below 31$ (SMA 200) - than the TP would be 25$.
Comment:
at the moment a bit overbought ...
Comment:
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