Chartimistic

EXAS - Double-Bottom Bullish Divergence

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NASDAQ:EXAS   Exact Sciences Corporation
The stock price broke down from its consolidation in September which dated back to early June. The price has recently bounced off a similar low creating a double-bottom pattern. While this double-bottom was created a bullish divergence formed between the price & RSI indicator.

I would expect the price to continue rising & to eventually test the breakdown level around $106.50.

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