What looks like a false breakout is turning into what could be an upward channel, Just shows why its better to scale in and out of positions. This way you scale in small and withstand any big swings and add on dips later. Still long and will add later.
I've posted this before but was stopped out and noticed consolidation was going to be much longer than expected. Reminder: ARAY has never had 4 consecutive earnings beats until these last 4 qtrs. Financials look better than ever.
Looking back at previous earnings announcements I don't think $ARAY has ever beat estimates for 3 or more quarters in a row. Currently it has beaten estimates for the past 4 consecutive qtrs. Its up 223% since its March lows and currently try to break a 5 year resistance level. Will be watching this week.