Not knowing much about this company fundamentally, all I can do is comment about what is on the chart since I just stumbled upon it yesterday. In any case it bounced off of 17.34 today which appears to be a minor point of resistance looking left. And though it is at the top of the Bollinger Bands it looks like there is plenty of room for expansion. The RSI is bullish and rising, and the MACD has just crossed bullish today. As far as resistance goes, once we get past the minor roadblock of 7.34 I see 17.52 and then 18.02 looks to be the difficult pass. By then the RSI will likely be close to or well into overbought and we will have been breaching the limits of the BB's for a few days; but I see no reason we can't take this puppy out for a walk and see where she takes us. Today was a welcome introduction; I hope you enjoyed it as much as I did :)
