The volume has been above the average recently. The EMA's are sideways. The SMA's are bearish. Stochastics are neutral either gicing a buy or a sell signal, RSI is neutral and MACD is neutral as well. The BB are very tight and are primed for a move. ADX is below 20 and waiting for an opportunity to run. This stock has been channeling until recently and has been bouncing around between a support zone and the bottom channel.
This would be a bracket setup.
Trigger is $8.70 or $10.79
Stop is $9.53
Targets are $14.70 and $6.50.
This would be a bracket setup.
Trigger is $8.70 or $10.79
Stop is $9.53
Targets are $14.70 and $6.50.
