Extremely bullish bull flag, almost over extended, it may need to breathe more,
I would be a buyer if I could get it in the $36.50 area, right now may be too extended but maybe excellent for a momentum day trade on Monday.
See the last 2 candles of the pattern, bullish engulfing, red to green - another bullish indicator
This stock has broken the 10 and 12 EMA so it is no longer bullish. Major support at the 50 MA which has bearish implications.
Volume is bullish yesterday but does not take out the bearish volume level on Jan 25th.
I would not get involved with this stock until it reclaims $23.00 or see several closes above the 12 EMA to get involved.
Right now, stand aside....
Pennant pattern, high flag pole, super bullish
I think it may touch 93 cents again before going back up again, but we have 3 touches of the pennant floor so far which is adequate
Time stop = 4 days (bullish movement by then or out)
Re-test of breakout, bullish hammer, time to get involved
We have support at the 50% fib retracement.
Also low volume which indicates bulls are holding, possible squeeze on bears who bought on lower wick if price increases.
Super bullish on this one.
Good fundamental story/
If this bounces off 21 EMA it's a buy, I have an alert set for $22.00, if it alerts I will buy a full position. I have a 1/4th position now.
Fundamental: migration out of big cities, RKT mortgage is one of the fastest closing mortgage companies to get it done. Not the cheapest but definitely the most competitive and most seamless experiences.
IEA LONG - rounded bottom, LT uptrend in place
has touched overhead resistance area multiple times already and I expect it to break through today or tomorrow, 1st target $13 level
HHs and HLs
Fundamental: Earnings surprise, positive