I like this stock and this is why:
There is a really nice breakout of a flag pattern.
The candle today was very strong and did engulf the candle of yesterday so that shows the power of the bulls.
When you see a nice move up like that, the stock usually retrace after that and this is what happened, the stock did retrace and after a retracement there is often a continuation from the prior move so i think this is what will happenend. There is room on the upside after a nice pullnback like that so im expecting a move on the upside.
There is a really nice breakout of a flag pattern.
The candle today was very strong and did engulf the candle of yesterday so that shows the power of the bulls.
When you see a nice move up like that, the stock usually retrace after that and this is what happened, the stock did retrace and after a retracement there is often a continuation from the prior move so i think this is what will happenend. There is room on the upside after a nice pullnback like that so im expecting a move on the upside.