$SPNS - Bullish Divergence 🚨 High probability set-up
📈 Bullish Divergence at key level + Oversold on the RSI
SPNS trade ideas
SPNS: Breakout Confirmed, 17.83% Potential Profit!Description: SPNS is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $33 - $33.9
2. Take profit: $39.38
3. Stop Loss: $32.26
4. Risk To Reward: 1 / 6
5. Accuracy Rating: 94%
SPNS Long on ascending channel- Stoch oversold
- Bullish hammer on the trend support line with decent volume
- Selling volume was decreasing over the past few days
- SPNS's EPS is positive this year. (Was negative last year)
- Overall tech stocks are bullish this month
