(MPAA) Motorcar Parts of America - TA

NASDAQ:MPAA   Motorcar Parts of America, Inc.
MPAA seems to me right now pretty neutral till few more days. We got a nice wedge chart pattern, we see a drgonfly doji candlestick pattern, the retest fits perfectly to the price zone and the wedge. At 16 June MPAA have earnings reports that I think will drive the price for good or not.
I believe that we will retest and then there are 2 scenerios. First one its we retest and volume will come in and the indicators will appear bullish, and I will definitely go long, and the second scenerio its that we will retest and the price break down the price zone and its will keep consoludate in the wedge. Definitely add to watchlist guys.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.