Reports after the close today and the chart has been moving incredibly well
First target was hit last week, it immediately pulled back to test the breakout level at the blue line at $4 and has bounced again now to $4.40
A solid performance from their earnings and this could break out above the First Target and start moving to the Second Target at $5.11
Any concerns from the report and there is a risk of moving back down to the blue line again.....if this does not hold, its likely down to the 50 Day MA which is just above the wedge breakout level at $3.77.
Bjoern Szymkowiak
2024-12-07 11:44:20 +0000 UTCBjoern Szymkowiak
2024-12-07 11:43:55 +0000 UTC