See link below for previous analysis
The stock has made a minor breakout from the upper resistance trendline and is currently using it as support.
I am not convinced by this breakout due to:
1-Low volume breakout
2-Weak price momentum after breakout
It's still early days but I will sit on my hands under I get more bullish evidence.
The stock has made a minor breakout from the upper resistance trendline and is currently using it as support.
I am not convinced by this breakout due to:
1-Low volume breakout
2-Weak price momentum after breakout
It's still early days but I will sit on my hands under I get more bullish evidence.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.