Description: SPNS is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $33 - $33.9
2. Take profit: $39.38
3. Stop Loss: $32.26
4. Risk To Reward: 1 / 6
5. Accuracy Rating: 94%
- Stoch oversold
- Bullish hammer on the trend support line with decent volume
- Selling volume was decreasing over the past few days
- SPNS's EPS is positive this year. (Was negative last year)
- Overall tech stocks are bullish this month
