PRICE - This stock has slipped almost 10% over 4 weeks on no news, sitting close to it's 4 week low. I see this as a value since there has been no major shift in management or real sentiment in this company. The stock bounced on 1150 which seems like an important psychological level. I'm setting a stop loss here as a safety, since $1152 is a fairly strong .
- The histogram is back on the side, and the fast line is making a relatively clean cross over the slow. This is typically , but the past few macro events have been pushing it down.
- The level appears to have double bottomed and is starting to accumulate. Watch this closely, as it starts to creep back up, traders will be accumulating positions. This will serve as confirmation for any major movements.