After a beautiful gap, everyone wanted to be in. Now lets look at a little analysis.
Earnings in a month.
Volume : Above average recently.
EMA's : Bullish fighting to catch up with price action.
SMA's : Bullish after a recent cross.
Stochastics : Bullish cross and heading higher. Not yet overbought.
RSI : Headed lower at 64, meaning room to move if a move is made.
MACD : Above 0 and possibly headed higher, possibly about to cross bearish.
Candles are somewhat dicey, but I like the bounce off the 50 EMA with a strong candle on the 1 HR. Would be a reversal pattern if today today were a down day.
Earnings in a month.
Volume : Above average recently.
EMA's : Bullish fighting to catch up with price action.
SMA's : Bullish after a recent cross.
Stochastics : Bullish cross and heading higher. Not yet overbought.
RSI : Headed lower at 64, meaning room to move if a move is made.
MACD : Above 0 and possibly headed higher, possibly about to cross bearish.
Candles are somewhat dicey, but I like the bounce off the 50 EMA with a strong candle on the 1 HR. Would be a reversal pattern if today today were a down day.