The stock was leading during the first half of 2013 but then caught some downside. Stock found bottom around $18 then regained its 200 EMA above $20 with nice follow through to $25. Now it is flagging (handle) above 200EMA and on Friday broke up and looks ready to continue.
Stock is pretty slow on daily basis, so it is in my long term buy watchlist with entry here at $23.25 and reasonable stop below $21. i will add if it will go through $25 resistance and expect to see it is testing highs in the mid $27 with some follow through. So, I will put my target at $30
Stock is pretty slow on daily basis, so it is in my long term buy watchlist with entry here at $23.25 and reasonable stop below $21. i will add if it will go through $25 resistance and expect to see it is testing highs in the mid $27 with some follow through. So, I will put my target at $30
