MODG pushing to resistance

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Topgolf Callaway Brands Corp. (BATS:MODG)

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BATS:MODG Topgolf Callaway Brands Corp.

Head and Shoulders Support and Resistance Supply and Demand

headandshoulders supportandresistance supplyanddemand

MODG is one to watch as it heads back to resistance at ~$14. Should it clear that level, there is room to run to ~$16. Looks to be forming inverse Head and Shoulders. Nice divergence on the MACD over the last couple of months. Today pushed through the 50 day without much issue.

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Now approaching key resistance. Need a big volume push ideally.

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snapshot

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Nice follow through day today! I would not be surprised to see a retest of $14.

snapshot

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