SFIX bottoming out

2019年10月18日

Higher lows in macro view going on. In micro view we have a W bottom, a Golden Cross, bounce off of support with growing volume (not shown here) and MACD turning positive once more. Price action will need to break resistance above (in blue) and re-test as support. Price target 30 in next 3 months. Downside exit if resistance holds and price action back below averages and support.