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.
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