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jmbar2

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jmbar2

Re: royg1927 post# 16583

Wednesday, 07/23/2014 10:12:03 AM

Wednesday, July 23, 2014 10:12:03 AM

Post# of 52831
Looking at the 60 min and daily charts because I am swing trading (aug). Here is my reasoning

- On the hourly chart, 8 SMA has crossed 20 SMA
- Stoch is has crossed up
- Bollie squeeze
- Big gap to fill
- However, no volume


Fundamentally a good company that got smacked hard after earnings. Had a long climb up, then got smacked hard after earnings. It's still weak, but ready to climb back up.

What do you see Roy?
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