I am impressed with this company, and I like it a lot - I have been researching it for some time now, and today I have finally decided to take a position in to it after this last big dip. The share price may still run lower in the short term, but long term I think it will continue to make new highs. So I will keep buying the dips.
Grand Canyon Education offers...
$LOPE is just below the 50SMA on weekly and RSI is above 50. It seems that it is forming Head and Shoulders,inverted. the right shoulder is missing though. To confirm the pattern needs to pull back and back above $98.93.
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#LOPE - We had a signal on Dec. 12. +9% so far.
There is a signal of recovery after the most recent performance.
There is a gap up still open. It must be closed in order to continue the up trend just started.
The upward trend may be tested soon, near the green trend-line.
Important news on Feb. 18.
#TrendLine #StockMarket #Trading #Chart #Pattern #UpTrend
