Price Action forming Higher Low Pattern.
MACD Cross also forming Higher Low Pattern.
Stock seems to be following Trendline.
Currently also @ crucial Supply/Demand zone.
Weekly closing above 500 levels with good volume can take the Price to new Higher High Levels.
NOTE: Only negative for now is CTO and Chief HR has resigned very recently.
MACD Cross also forming Higher Low Pattern.
Stock seems to be following Trendline.
Currently also @ crucial Supply/Demand zone.
Weekly closing above 500 levels with good volume can take the Price to new Higher High Levels.
NOTE: Only negative for now is CTO and Chief HR has resigned very recently.
Comment:
Good chance the stock is try to create an entry at the Trendline. Wait and take entries as long as the weekly closing is above the trendline.