EXTR looks set for a breakout with resistance flipping to support . Previous identical highs have signaled reversals with an overbought and a MACD crossover.
However, the current indicators show that it is neither overbought and the MACD has a bullish crossover.
That being said, confirmation should be waited upon before buying into the breakthrough
Expect a green week. Reversal underway after dipping to the oversold region in STOCH RSI
Trading range slowing increasing - expect more volatility over the coming months
Buy after the rebound. Looks set for a correction on at the current price. Price might continue trending above after a potential breakout
Any alternate views?
