This was a stock I alerted at 14 just a few days ago. Last week the stock hit a high of $36.72 before pulling back to 26. There's a high risk we could see more profit-taking ahead. On the chart above, I'm looking at two potential zones of support for trend-followers to watch in the stock. The bull trend will likely not resume unless price can hold these support zones. The stock is still in a ST uptrend and pullbacks are part of the process.
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.