Above ema 20 at 76.4 on daily... (A nice fib number too) and the stock will move. Might have to see the middle BB giving support before move. It's a heavily traded handle. Safe trading ladies & gents! @BLawrenceM I have moved on to do many of my publications on my Twitter account due to the easier and much quicker way of making follow up charts. Follow me there...
This stock has been in a downtrend since October 2013. It hit bottom in December 2014 with a double bottom price action signal as well as MASSIVE MACD divergence. Once this stock crosses the daily 50 EMA we can see MASSIVE upside potential. Look to take profit (of trail stop loss) to the previous support level of $6.20. ** Note: this is just my view with the...
Strong evidence of accumulation at this balance area as buy limit orders are pressing higher and volume is totally drying up. First target is to 8, then to somewhere above 10.50 at liquidity. Placing stop below 3.85. This stock had good earnings so we have fundamentals backing up this buying campaign. If price can hold above 10.50, then its going higher. ...
Neo posted great revenues a couple of days ago and it is preparing to breakout. I think this has a possible 20% gain if your lucky. Could drop below the resistance line but probably wont. I belive the price of 5.24 is a low and can only go higher.