Can NVTA reverse and rise?

NYSE:NVTA   Invitae Corporation
NVTA on the daily chart is in deep undervalued territory at the third lower Bollinger Band.

It put in a green engulfing candle after a Doji candle. The TTM squeeze indicator fired

a trigger while the lower TF RS line is about to cross the higer TF line and the 50 level.

The MACD lines crossed while under the histogram which is a low amplitude green.

The two most recent earnings reports were beats. Price ran 50% in late April and 60%

in early July, I believe that another run is now possible for this long trade setup. Penny stocks

like this have the ability to build momentum and upward volatility quickly.

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