Technical:
- Price pushing off of resistance turned support
- Break and successful retest of downward trend line
- Tweezer bottom (bullish reversal) candlestick pattern
- Price structure transitioning from bearish trending (HL/LL's) to bullish trending (HH/LH's)
- 50 > 200 EMA
- MACD is on the verge of crossing over in a bullish manner
- 2 to 1 risk/reward on the trade up as measured from current price to the last swing high
Fundamental:
- Consistent earnings & revenue growth
- Future growth is expected to be positive
- Price pushing off of resistance turned support
- Break and successful retest of downward trend line
- Tweezer bottom (bullish reversal) candlestick pattern
- Price structure transitioning from bearish trending (HL/LL's) to bullish trending (HH/LH's)
- 50 > 200 EMA
- MACD is on the verge of crossing over in a bullish manner
- 2 to 1 risk/reward on the trade up as measured from current price to the last swing high
Fundamental:
- Consistent earnings & revenue growth
- Future growth is expected to be positive