The 9ema recently crossed the 20 ema and the most recent candle managed to close above the descending weekly trend line above the 50 SMA for just the 2nd time since January.
The RSI is still low and the MACD crossed just a few days ago. I think the price bottomed out on 8/20 and the recent price increase is part of a bigger up trend.
I want to see the price move past $19.79, preferably with volume to enter for a swing trade.
Targeting: $22.71, $27.43 and $32.15 longer term.
The RSI is still low and the MACD crossed just a few days ago. I think the price bottomed out on 8/20 and the recent price increase is part of a bigger up trend.
I want to see the price move past $19.79, preferably with volume to enter for a swing trade.
Targeting: $22.71, $27.43 and $32.15 longer term.