$DATA Strong weekly rebound off trendline and 0.618 fib
After being pounded on poor earnings buyers have clearly found a reason to love the stock again!
1) Higher weekly high
2) Higher weekly low 2x
3) Bullish candle that is roughly 75% filled so therefore is strong
4) Bounce has occurred at a trendline level so I expect it will hold into the future
5) The 101.1 level was also the 0.618 fib from wick low to wick high
6) Still below the 20 SMA so there is plenty of meat still left on the table and it is not too late
DYOR as always
1) Higher weekly high
2) Higher weekly low 2x
3) Bullish candle that is roughly 75% filled so therefore is strong
4) Bounce has occurred at a trendline level so I expect it will hold into the future
5) The 101.1 level was also the 0.618 fib from wick low to wick high
6) Still below the 20 SMA so there is plenty of meat still left on the table and it is not too late
DYOR as always
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