A base has been forming since 2011, but the buyers
currently have the upper hand after successfully
breaking the long-term down trend ling. The bulls
can maintain momentum by constraining prices within
the small upward channel developing on the longer
time frame. Consider a pullback to up trend line as
an opportunity to buy with limited risk. Near term target
aims to push this stock toward $10, which found the
sellers in the beginning of 2012.
currently have the upper hand after successfully
breaking the long-term down trend ling. The bulls
can maintain momentum by constraining prices within
the small upward channel developing on the longer
time frame. Consider a pullback to up trend line as
an opportunity to buy with limited risk. Near term target
aims to push this stock toward $10, which found the
sellers in the beginning of 2012.