MOMO - head and shoulders

Horizontal S&R: $40 and higher below right shoulder
Channel S&R: yes, rising up trend.
MA S&R: above both 20 and 50
>200ma: yes
Volume confirmation: no
Candle Confirmation: no
Stoch Divergence: no
Reg Trendline > 85: yes
Short Float: 14%
Risk / Reward: 2:1

Zacks Rank: 3-Hold 3 Style Scores: C Value | A Growth | F Momentum | B VGM Industry Rank: Bottom 39%(156 out of 255) Industry: Internet - Software and Services

Also worth noting:
Bullish option play in Momo as shares see upside momentum Bullish option play in Momo as shares see upside momentum. The stock up $2.20 to $46.13 and 5K Sep 28th 48 - 50, 1X2, call spreads bought for even money. They bought 1, sold 2, and the ratio spread targets an 8.4% move to $50 through the 9/28 expiration in two weeks. The 50-level coincides with the stock price in late-June before a 25% drop to mid-August lows near $36.
Chart Patterns

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