has been above the average recently. The EMA's are sideways. The SMA's are bearish
. Stochastics are neutral either gicing a buy or a sell signal, RSI
is neutral and MACD
is neutral as well. The BB are very tight and are primed for a move. ADX
is below 20 and waiting for an opportunity to run. This stock has been channeling until recently and has been bouncing around between a support zone
and the bottom channel.
This would be a bracket setup.
Trigger is $8.70 or $10.79
Stop is $9.53
Targets are $14.70 and $6.50.