The stock has been has been rising from the low from the beginning of the year. It has been consolidating for almost two months. Also we saw "SPRING" pattern during the re-accumulation.
Relative Strength, Money Flow and Buying pressure all positive. Today the stock is trying to move out of the re-accumulation zone. A positive close with volume support above 502 will take the stock to higher levels.
Relative Strength, Money Flow and Buying pressure all positive. Today the stock is trying to move out of the re-accumulation zone. A positive close with volume support above 502 will take the stock to higher levels.