NASDAQ:MITK MITEK SYS INC
Its a nice , however from mid February the uptrend is steep ! The same uptrend can be seen from the 2nd of November 2015, resulting in a 65% retracement, which began to form the weekly Support. The difference this time is we are at a stronger . (grey shaded horizontal) A Pullback in inevitable, and my idea is that it will be around this . A break above is a Buy signal, as is a Pullback to the support. A Break & Hold below the TLS on the Daily could suggest more Downside is on the cards. I will be waiting for the Breakout or the Pullback before i get in Long..