The ascending triangle is forming. A good swing position is to go long in the area of the fib retracement. Bullish candlesticks are forming as well. This movement also shows a bounce off the outer Bollinger band signaling a reversal. This is also a delayed movement in reaction to the earnings report.
Using various Fibonacci Retracements and Time Zones. I am estimating a retracement zone/time if the October 28th catalyst doesn't yield explosive results. Due to large institutional holdings, SSR, and covering of short positions we should have a move back up gradually in the short term. RSI is entering oversold regions as well. Aside from this I am long for...
