This is a very clear example of a breakout of a very relevant resistance zone, why is this relevant? for the time and the magnitude of line. because I take it 3 years and 4 months approximately after the price fell below 21.00 and now it go above the 21.00 level, and the manner of who the price cross the resistance line now, imposing with property (Big weekly...
CAMP seems forming a possible flag formation. For breakout confirmation it need to break high of today ($18), and as flag continuation it can go around $19.80
* Trade Criteria *
Date First Found- April 24, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $18.13
Exit Target Criteria- $19.77
Stop Loss Criteria- $17.43
Please check back for...
CalAmp Corp. (CalAmp) is a provider of wireless communications solutions for a range of applications to customers globally. The Company operates through two business segments: Telematics Systems and Software & Subscription Services. Telematics Systems segment offers a series of Mobile Resource Management (MRM) telematics products and applications. The Software & Subscription Services segment offers cloud-based application enablement and telematics service platforms. The Company has facilities in various locations, including Carlsbad, California; Torrance, California; Herndon, Virginia; Waseca, Minnesota; Eden Prairie, Minnesota, and Auckland, New Zealand.
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CAMP
