Wow, i like this stock for tomorow and this is why:
Nice breakout of a flag pattern.
The stock broke a long term resistance line.
The candle on friday was very strong.
The volume was very high compare the days before during the little corection of the flag pattern ( that is what you want to see, strong upmove with volume, a little corection with low volume and then a continuation of that upside move with volume).
I also like this stock because the emotions change so fast in two days.Thursday, the stock finished very low and that was a shooting star so that was very bearish and the bears were in control but the next morning we saw a nice gap up and bulls were able to stay with that strength and close a lot higher so this is a sign that the potential move could be strong.
Nice breakout of a flag pattern.
The stock broke a long term resistance line.
The candle on friday was very strong.
The volume was very high compare the days before during the little corection of the flag pattern ( that is what you want to see, strong upmove with volume, a little corection with low volume and then a continuation of that upside move with volume).
I also like this stock because the emotions change so fast in two days.Thursday, the stock finished very low and that was a shooting star so that was very bearish and the bears were in control but the next morning we saw a nice gap up and bulls were able to stay with that strength and close a lot higher so this is a sign that the potential move could be strong.
