Friday, August 03, 2018 10:47:58 AM
I feel good about this. But, with that said the two things that concern me are first, the slow stochastics is almost at a peak. I've seen a lot of them skim across the top if MacD stays positive but it could also be an early warning sign of a slight reversal.
The second thing is the earnings call next week I believe. Regardless of whether it's good or bad I think it could be slowing down positive volume as lots of people like to wait until after earnings (if it's close) to put more money into a stock.
But again, the main thing in my opinion to watch is holding above the resistance around $2.60. Obviously chart it out yourself and see if you can confirm that. Just throwing my thoughts out there.
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