Much closer now staying in line with the 50MA LINE which I mentioned in my last post.
Maintains Deutsche Bank: to Buy 1/28/2021 Maintains Roth Capital: to Neutral 1/28/2021 Reiterates Credit Suisse: to Neutral 1/28/2021 Maintains RBC Capital: to Sector Perform 1/28/2021 Maintains JP Morgan: to Underweight 1/28/2021 Downgrade JMP Securities: Market Outperform to Market Perform 1/28/2021
KEY: 50-day moving average
CHANNEL PATTERNS and 50 MA
Stock price above the 50-day moving average is considered bullish. Stock price below 50-day moving average is considered bearish. If the price meets the 50 day SMA as support and bounces upwards, you should think long. Stock price meets the 50-day SMA as resistance and bounces downwards, you should think short.
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Disclaimer: These are just my opinions and current thoughts. Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
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