The day is not over yet, but at this point NOVA is attaractive again.
After sell off with no news, on sympathy with overall market, making clean hammer reversal above the strong level.
Looks like it can run into earnings.
I was scouting for some pre-earnings play and found this one.
Looks like it can run into earnings 28 october.
- Clear, great looking chart: consolidation, higher lows, bullish flag
- Accumulation volume
- Solars are strong lately; this particular one have good news
- Analyst upgrades lately
So, I took a starter at 29.11 expecting breakout from this consolidation.
Multiple bottom on the daily chart,
Strong candle on the daily chart yesterday,
I'm expecting reversal here: this is a good stock, nothing wrong with this stock; it sold off in sympathy with the overall market (tech) and now will come back.