Analysis: The stock is currently forming an expanding triangle pattern, but it has not yet closed above the 30-day moving average. In order to become bullish, it will need to break above the 410 level.
Stop-Loss: 379
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Stop-Loss: 379
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Comment:
The stock has managed to close above its 30-day moving average, after testing it for over a month. Bullish outcome would be for it to sustain this upward momentum and break above the 410 level and continue its upward trend.
