Another API company looking to break out of its downward trendline.
This one doesn't have a triple divergence so i wouldn't take as aggressive of an initial position (As the stock is below the 200EMA)
Long above 108.50 with a stoploss below 102.
IF the stoploss hits i could again look to see if it can double bottom around 95 and look to buy it around that level again..but i would now closely track this company.
This one doesn't have a triple divergence so i wouldn't take as aggressive of an initial position (As the stock is below the 200EMA)
Long above 108.50 with a stoploss below 102.
IF the stoploss hits i could again look to see if it can double bottom around 95 and look to buy it around that level again..but i would now closely track this company.