As you can see on this daily candle chart, after the pre-earnings low of $20.17, the bulls have taken control of the price movement in $DGII. It seems we have now corrected this upward move sufficiently, so we may be ready for the next impulse.
The price is currently sitting on a support cluster and is supported by the 50- and 200-day SMAs. If the 30-day SMA is broken to the upside, a continuation of the bullish move seems likely.
The price is currently sitting on a support cluster and is supported by the 50- and 200-day SMAs. If the 30-day SMA is broken to the upside, a continuation of the bullish move seems likely.
Trade closed manually
Trailing stop have been reached. I've thought we could make another level, but so it is:
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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.