Price Action seems to be forming Higher High and Higher Low Pattern.
Has broken the previous Lower Low Pattern with a big green candle .
434 is the major Support/Resistance Zone.
Currently price seems to be successfully breaking the 434 price.
Weekly close above this levels can take the stock to the next leg up.
Has broken the previous Lower Low Pattern with a big green candle .
434 is the major Support/Resistance Zone.
Currently price seems to be successfully breaking the 434 price.
Weekly close above this levels can take the stock to the next leg up.
Commento:
Stock bounced back again at the Trendline Level? Let's hope this will be the last retest for a big move upward.
Commento:
It looks like 444 level is forming a Resistance Zone. If still continues to go down further, its better to not enter this trade at all. Let's give a week or 2 max to see what happens.