Based on daily chart, the stock price rebound from MA200 and near to cross above MA50. Moreover, the MACD also make a crossover. Not only that, on weekly chart, the stock price rebound from MA50 and cross above EMA21. In my opinion, this is a good setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.