OnePath

DAVA Reversal Pattern Ideas with Bullish Divergence!

OnePath Uppdaterad   
NYSE:DAVA   Endava plc
Hey Folks,

I've been noticing some buzz about this one, as well as solid price forecasts. Here is what I think of the chart and what I plan to do.

It has some nice upside potential if it can remain bullish.

Happy Trading!
OnePath
Kommentera:
The right shoulder is complete. Let's see if we can break the neckline and a nice follow through.

If Inverse Head and Shoulder fails, I'll monitor the formation of the Handle.
Kommentera:
Also, RSI broke above 50%. Now I want to see strength break above it's previous high.

Remember, it's not about calling bottoms, but buying when the time is right.
Kommentera:
I took a starter position 52.11. Tight Stop at 51.75.
Kommentera:
Neckline broken this morning!
Kommentera:
Looking for a move into $54 territory
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My targets are $66 and $80, shaping up well. I'm looking to buy more at a 4-5% discount from today's close. Let's get it!

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