Price up to the Breakout Point: Pre-Breakout Zone crossed - Watch for High Volume
EYEING A BREAK OF THIS DOUBLE INSIDE DAY FOR A CLUE ON DIRECTION SCENARIO ONE IS BREAK DOWN BACK THROUGH THE BROADENING FORMATION SCENARIO TWO IS BREAK UP TARGETING $100 ROLL
Earnings were great. Expected EPS was $0.85 but was actually $0.94. RSI is below 30; this stock is oversold. I think it will bounce off its 200 day ema.
ATHM has formed a cup with handle formation. The handle flagged down nicely and looks like it has complete. Using the measure rules you can project a price to around $126. If you are a Fib person you can project to $100 as the first profit target. I am not a Fibs expert, I do think it is a useful tool with projecting upward profit targets. This stock has done a...