Long
Hibbett Sports short-term recovery
I've been closely watching Hibbett Sports, which met stiff resistance at 19.20. This morning it's formed an upward trendline toward the top of its channel. With good analyst ratings, Hibbett could even break out of its downward parallel channel in the relatively near future. At the very least it should rise steadily today.
Note
Strong resistance from historical volume at 19.40 broke the trendline.
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Related publications
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.