Up 11% right now in the AH after its positive earnings beat. EPS was beaten by 43% and revenue increased by 4%.
This has been moving sideways since May and moving around the 200 Day MA, as it likely needed more news, so the market could digest whether or not this was on the right track....so far the earnings report has shown that it is.
Right now I am leaning to the green impulse wave line as the Wave 2 pull back held at the 0.5 Fib which is acceptable for Wave 2.
Either way, both the impulse and corrective wave has this moving up next anyway.