After the last gap down and plunge all the way down to 15.05, price of BLMN seems to slowly crawl northeastwards.
Momentum wise, 8ma & 20ema are curled up and if the MACD blue signal line is able to break the previous MACD resistance (a down hand sign) then the first immediate profit target to look up for is 20.5.
Momentum wise, 8ma & 20ema are curled up and if the MACD blue signal line is able to break the previous MACD resistance (a down hand sign) then the first immediate profit target to look up for is 20.5.