Nice action today the buyers have stepped on this major support level.
We have nice Bullish Harmonic pattern lined up with a major Fibonacci zone.
Stoch is oversold and previous history of the stock has shown the stock bounces back hard when in oversold status.
MACD is looking to do a bullish crossover.
I will start a position here at 62.27 and add if needed. The risk is less than 2%.
We have nice Bullish Harmonic pattern lined up with a major Fibonacci zone.
Stoch is oversold and previous history of the stock has shown the stock bounces back hard when in oversold status.
MACD is looking to do a bullish crossover.
I will start a position here at 62.27 and add if needed. The risk is less than 2%.