After reaching a high of $10.40, price has been in a correction and the first support lies at $9.78, which was previous resistance turned support. The next stronger support comes in at the Base line at $9.40. Trend as indicated by MACD is bullish and a pullback to support level would be a good location to accumulate for $10.40 in the longer term.
Strategy
$9.40 Buy
$10.40 Price Target
$9.10 Risk Management Stop
3 weeks Trade Duration
