EXTR: Bullish move ahead
Extreme Networks, Inc. is a leading provider of a next generation of switching solutions that meet the increasing needs of enterprise local area networks internet service providers and content providers. The key advantages of its Layer 3 switching solutions are increased performance, the ability to easily grow in size as customer needs change, flexible allocation of network resources, ease of use and lower cost of ownership. These advantages are obtained through the use of custom semiconductors, known as ASICs, in its products and through hardware and software designs.
Technical Analysis shows an uptick in OBV and strong bullish indicators on the Heiken Ashi.
We can expect a move up to the first target price, with a secondary target of 15, so very much valid for entry now on these indicators and potential upside.
Stop-loss set below the start of the trend.
Good luck!
Technical Analysis shows an uptick in OBV and strong bullish indicators on the Heiken Ashi.
We can expect a move up to the first target price, with a secondary target of 15, so very much valid for entry now on these indicators and potential upside.
Stop-loss set below the start of the trend.
Good luck!
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