Details on chart
Huge two day move on massive volume spike Details on chart
Earnings 2/19 No action to be taken until after earnings. Details on chart.
Closed above downtrend line Details on chart
Very close to breaking above long-term down trend-line. Notes on chart.
Once this moves through 8.60 not much (R)esistance until 10 area
This setup is for a quick trade only
Tested and held the 50D MA Back above 2.11 (R) now (S) Good Risk/Reward play w/stop Either below 2.11 or 50D
Another day holding the trend-line but with it tightening you have to except a breakout or down soon
Ascending Triangle
Uptrend still intact but now a safer risk/reward w/stop just below the 50D (Red) or if more risk adverse use trend-line or below (S) lines
Lower Highs Since Sept
Watch for test of Trend-line and possible bounce off RSI Support.
Levels to watch. Good risk/reward with stop below 2.85 on a close
Strong close above 50D on high volume Great risk/reward with stop just below 50D or 20D depending on risk tolerance
