8x8 Narrow Wedge-Triangle

10 May 2016

8x8 Inc. EGHT forms “Bottom Triangle - Bottom Wedge” pattern

Optionable Stock

4th Qrt Earnings May 19

• This stock has formed a pattern called Bottom Triangle - Bottom Wedge, providing a target price for the intermediate-term in the range of 13.80 to 14.30.
  
• The faster moving average recently crossed above the slower moving average, signaling a new uptrend has been established.