BB (Hourly) Could Resume Upward MomentumBB has made over a 50% retracement from its 1/27 high of 28.74.
The hourly MACD is now positive.
The hourly stochastic is overbought but that can happen at trend changes when old resistance levels become support.
On a fundamental basis the annual YOY revenue growth is now 15%, after being a negative 30% as recent as 2018.
I would put a stop below the most recent support at 10.95.
Price target for this trade is 17.95.