AXDX fits my profile: Breakout, reversal, support, gap = BUY

Updated
AXDX price has moved off a double bottom from $14.30 level and broke out from under 3 and 6 month downtrend and separate support line at $16.00 on Dec 12, last month.
Today price is at pivot point of $17.03 using month old uptrend line as support.
Oscillators are also now in position for move higher with stochastic at oversold level turning up.
RSI is using it's own rising trend line with readings at 55 leaving room for next advance.

Long position module to BUY <$17 avg in $16.70-$16.90 with SL near $16.01
Resistance found at $18.40 pivot area followed by first target at $19.75 as bottom of gap zone.
Top of price gap to fill is at $20.60. Plan is to risk 0.70 toward 3.00 and 4.00 reward.

Trade to win...Trend is your friend...Manage the risk...Makes your success.
Dr. RAV
Note
This trade had breakout price condition before entree and has followed profile idea very well. Is now in midst of the 18.41 challenge area with two days hitting resistance high of 18.55. Oscillators are in high readings but not extreme. Will look for another test of the resistance price and further interaction with 18.41 zone. May use it as a support area on way toward trade target near 20. Support of uptrend line is there for any pull backs as well.
Chart PatternsTechnical IndicatorsTrend Analysis

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