THE MAIN REASON TO WHY THE STOCK FEEL MORE THEN EXPECTED WAS BECAUSE EARNINGS DID NOT BEAT LAST YEARS BUT THEY ARE STILL POSITIVE. THEY ARE A PROFITABLE COMPANY BASED ON THEIR FINANCIAL STATEMENTS, CASH FLOWS, AND BALANCE SHEET.
INDICATORS:
RSI: IT IS AT 34, WHICH IS REALLY LOW AND IS HEADED UPWARDS SINCE IT WAS AN OVERREACTION. THE COMPANY WILL EASILY GO BACK UP AT LEAST A 1 UPWARDS.
MACD: IT IS ABOUT TO CHANGE MOMENTUM IN TERMS OF UPWARDS TREND. IN A DAY OR SO FROM NOW IT SHOULD BE POSITIVE MEANING GREEN MOMENTUM UPWARDS.
THE REVERSAL IS HAPPENING.
INDICATORS:
RSI: IT IS AT 34, WHICH IS REALLY LOW AND IS HEADED UPWARDS SINCE IT WAS AN OVERREACTION. THE COMPANY WILL EASILY GO BACK UP AT LEAST A 1 UPWARDS.
MACD: IT IS ABOUT TO CHANGE MOMENTUM IN TERMS OF UPWARDS TREND. IN A DAY OR SO FROM NOW IT SHOULD BE POSITIVE MEANING GREEN MOMENTUM UPWARDS.
THE REVERSAL IS HAPPENING.
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