Big support line
The stock bounced at it friday.
The candle was a nice little indecision candle and after a down move like that , there is good chance that we will see a reversal.
Also, the stock gap a lot on earning so after a big move like that the stock usually retrace and then continue to move higher and this is what im expecting.
The stock bounced at it friday.
The candle was a nice little indecision candle and after a down move like that , there is good chance that we will see a reversal.
Also, the stock gap a lot on earning so after a big move like that the stock usually retrace and then continue to move higher and this is what im expecting.