Yesterday, the stochastic indicators performed a bearish crossover and the RSI dropped out of overbought territory. The last few times we have seen this setup, the stock dropped in the weeks that followed.
Read MoreIt just hit the lower rail of its trend channel and looks primed for its next move higher.
Read MoreThe underlying stock has been trending higher for quite some time now and in similar setups in late January and early March, when it jumped rather sharply in the ensuing weeks.
Read MoreTrending higher over the last six months, the stock is in oversold territory and made a bullish crossover last night.
Read MoreThe underlying stock just hit the lower rail of of a six month trend channel and the stochastic indicators made a bullish crossover while in oversold territory.
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