As you can see on this daily candle chart, after the pre-earnings low of $20.17, the bulls have taken control of the price movement in $DGII. It seems we have now corrected this upward move sufficiently, so we may be ready for the next impulse.
The price is currently sitting on a support cluster and is supported by the 50- and 200-day SMAs. If the 30-day SMA is broken to the upside, a continuation of the bullish move seems likely.
The price is currently sitting on a support cluster and is supported by the 50- and 200-day SMAs. If the 30-day SMA is broken to the upside, a continuation of the bullish move seems likely.
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