Stock in an uptrend. made 4 days of correction. The Connors rsi is giving a signal and the 2 period rsi is below 30.
In this case, in the last 4 years, a long position with a stop loss of 5% and a target of 5% had 66% win trades.
good enough for me.
In 2009 this stock was trading at 4$, at this moment it is trading at 70$.
It is trading in a huge uptrend since 2009.
Today it tested a new support level (you only can see it on 1h chart) and it mades a beuty green candle in this new support level.
I believe this stock will continue growing a lot in 2014 and maybe in 2015!