As was said yesterday........15 hours ago
This thing is sitting right at that slicing downward 45 degree angle and at the 20 day MA. Tomorrow it needs to get above that downtrend line and above the 20 day MA if it has the guts.......Did get a positive opening and the stock moved positively away from the downtrend line and that is a good thing. Above the 20 day as well. Plus today the point & figure chart with the $1.00 box reversed a bearish signal and set a double top breakout with a tentative objective of 159. Need to toss in a MACD cross too!
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