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8x8 Inc
Long

EGHT - Breakout + Simple Channel Up

EGHT broke out of a year long down-channel today. Earnings report on 1/24 - several consecutive quarters or profitability. Expecting an EPS miss, as per typical, with minimal effect on the trajectory. Looking at a slow rise back to the moving resistance line - somewhere in the range of $16.70 - $17.25.

Steady gains. Let's go.
epaka
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epaka

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