Off and on the price chart, it’s setting up for a correction and better buying opportunity in the weeks ahead.
Conditions are turning toward positive territory for this group.
Poor price action and weak sentiment have a silver lining for today’s buyers.
With shares holding above the key long-term weekly moving average and forming a relative higher low, there’s more than a few reasons to be optimistic today.
It looks great off and on the price chart, but it could look even better for investors in the days ahead.
Although it dropped 25% in two trading days last week, it’s a solid name that’s falling into value territory.
Wall Street loves it right now, but it’s time to lock in profits.
Its price action offers bullish investors a nice opportunity to go long with improved odds for success.
Here’s a well-timed pairs trade.
There are reasons to be cautious on the stock, but the stronger case on and off the price chart is to buy.