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Strong breakout today with volume. The stock price hit a high of $14 which is now resistance for Thrusday’s follow through move.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

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This daily technical shows Positive divergences in several indicators which indicates that a bounce is likely. For mus it seems to be forming a bottom and the breakout is a matter of time. It’s a cash-rich
company. Stay tuned.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

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The stock cleared the key horizontal resistance line and the 50-day exponential moving average on increased volumes. The bounce from the 20-day EMA makes it more authentic. The MACD is rising and the RSI is moving up showing renewed strength. Ready for higher prices. Stop 5.75

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

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