8x8 Inc. EGHT forms “Bottom Triangle - Bottom Wedge” pattern
Optionable Stock
4th Qrt Earnings May 19
This stock has formed a pattern called Bottom Triangle - Bottom Wedge, providing a target price for the intermediate-term in the range of 13.80 to 14.30.
The faster moving average recently crossed above the slower moving average, signaling a new uptrend has been established.