Old Resistance becomes new support?
COMM had a tremendous move during earnings and is now retracing to its old resistance
Its showing clear support at the 13.52 level
With Price Target at 15.81
Thats a +13% gain
It closed with very low volume yesterday
and I love how its hovering on the 20ema
If it closes above the 9 tomorrow
I will be looking for an entry with a stop loss at 15.75
Its showing clear support at the 13.52 level
With Price Target at 15.81
Thats a +13% gain
It closed with very low volume yesterday
and I love how its hovering on the 20ema
If it closes above the 9 tomorrow
I will be looking for an entry with a stop loss at 15.75
Disclaimer
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.