emonstaa

emonstaa Updated 

Just reached resistance level at $136.49 and expecting price to retrace down to $131.50 (past resistance level) which would be a great entry before the price continues to rally up after that. The Stochastic is showing severely overbought which confirms price retracement over the next few days.

emonstaa Updated 

The downtrend was triggered after the 52 week high (Jan 27th) and traveled down passing the strong support level at $20.65. On May 11th, the Stochastic Oscillator indicated a trend reversal. The price is now near its 4 month strong resistance level at $27.50. Expecting the price to begin retracing from this point down near the support level around $21.15...