Normally I buy when the moving average has crossed over signaling a buy but, this chart is showing oversold conditions.
1) the Stock RSI, RSI & CCI are all showing oversold conditions
2) The chart shows decent support at around $11
Potential: the stock closed at $11.01 and it can rebound back the the fast EMA at $13 - approx. an 18% return
I am buying a 50% position tomorrow
Good luck
1) the Stock RSI, RSI & CCI are all showing oversold conditions
2) The chart shows decent support at around $11
Potential: the stock closed at $11.01 and it can rebound back the the fast EMA at $13 - approx. an 18% return
I am buying a 50% position tomorrow
Good luck
Trade closed: target reached:
closed it a few days ago at $13.50