Looking for entry after a break and retest of yesterday's high, $10.34
Why:
Target would be around $10.88, which is the 1.618 fib level
Why:
- Even though yesterday's candle is high volume and red, if you drill into a smaller time interval, the candle where the volume was high is green.
- Uptrend since April
- Solid fundamentals (EPS Growth)
Target would be around $10.88, which is the 1.618 fib level
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