Large descending broadening wedge - this is a bullish pattern in general, but might be worth a play on the resistance. Just keeping an eye on at the moment.
Earnings on 28MAY.
This is a very manipulated stock, they are already bursting it out of daily upper bbands. Not sure what to do at the moment - possibly wait for a markup into earnings to grab spreads.
Here is the daily with the upper bbands being busted already.
Earnings on 28MAY.
This is a very manipulated stock, they are already bursting it out of daily upper bbands. Not sure what to do at the moment - possibly wait for a markup into earnings to grab spreads.
Here is the daily with the upper bbands being busted already.