Vonage looks oversold mostly due to automatic share sales from CPO, CEO, President etc and slightly disappointing earnings.
Numerous oversold signals on the RSI over the last few weeks.
As long as price holds above the 200ma next week I will be looking to buy.
Numerous oversold signals on the RSI over the last few weeks.
As long as price holds above the 200ma next week I will be looking to buy.
Commento:
Holding this trade to 5.50 where I will exit for a loss. Still believe in the upside potential .
Negative side of the trade is price is still be 200MA, however, it is a strong round number so looking at upside to $8.