About meEMAs provide me with my entry & exit signals, therefore its pointless to predict targets & stops. I find technical analysis over-complicates decisions because the reality is its the facts not predictions that are accurate. Price and volume are Facts.
The stock is consolidating off recent lows and price is crossing through the 50 MA. Watching for entry on a multi day swing. Financials are solid and company is growing long-term. This trade could be derailed by the upcoming ER on Ayg 28th. Target $4, Stop is triggered when the 10 EMA crosses below the 21 EMA. Good Luck.
EMA indicators both sets 50/100 EMA and 10/21 EMA are in a bullish divergence structure. Price action is making higher highs and higher lows. Price is also tightening indicating a breakout or breakdown is imminent. I believe this setup favors a break of resistance at $112 and eventually moves higher before retracing.