Safe to say, there is a high probability that this moves to up side.
We are bouncing off major support. We got the volume suggesting that someone is buying at this level.
The bullish reversal pattern, the falling wedge is just about fully finished. i wouldnt expect us to make it to the apex of the pattern before we see a confirmed break out. Tomorrow? next week? only time will tell. But things are looking to wake up. Dont know anything about the company, but the chart looks good. with the volume i would assume there was some good news.
price target low 7s.
Goodluck.
We are bouncing off major support. We got the volume suggesting that someone is buying at this level.
The bullish reversal pattern, the falling wedge is just about fully finished. i wouldnt expect us to make it to the apex of the pattern before we see a confirmed break out. Tomorrow? next week? only time will tell. But things are looking to wake up. Dont know anything about the company, but the chart looks good. with the volume i would assume there was some good news.
price target low 7s.
Goodluck.