Earnings on Friday sent this big guy ripping back towards ATHs. 50% retrace of Friday’s candle puts us right into that quarterly pivot area. I would be interested in buying some early weakness in the name around that spot. This is the kind of chart where if the trade works and we close the day somewhere close to highs, I would be very inclined to swing a portion of it.
Cost seems to be getting tired of going down.
Its final stop was at 307 usd, coinciding with the July 9, 2020 Gap.
It is currently making a hammer candlestick pattern.
Accompanied by a large volume . (we have to go to 2019 to see a higher volume than this).
