Potential Double Bottom here, the first bottom at 13.6 provide a nice support level that minimize the stop loss to 5% if you buy now at 14.2.
Long Entry: 14.2
Stop loss: 13.6 or 13.14 (0.886 of previous leg up)
Target: 16 to 18
Long Entry: 14.2
Stop loss: 13.6 or 13.14 (0.886 of previous leg up)
Target: 16 to 18
Note
About to touch All Time Low - it's the time to sell in May? The price breaks down support with earnings miss, the trendline is broken and will need a retest around $14.Note
Now the journey restarts where it begins.
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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.