The stock is consolidating off recent lows and price is crossing through the 50 MA. Watching for entry on a multi day swing. Financials are solid and company is growing long-term. This trade could be derailed by the upcoming ER on Ayg 28th. Target $4, Stop is triggered when the 10 EMA crosses below the 21 EMA. Good Luck.
EMA indicators both sets 50/100 EMA and 10/21 EMA are in a bullish divergence structure. Price action is making higher highs and higher lows. Price is also tightening indicating a breakout or breakdown is imminent. I believe this setup favors a break of resistance at $112 and eventually moves higher before retracing.
