Price gapped up to open yesterday and closed at the .78 fibonacci level after testing the 1 level with a long wick.
In addition the 9 ema crossed the 20 ema and we see a MACD cross starting. Price has made higher highs and higher lows in recent months and D+ crossed D- on the ADX.
Yesterday's long upper wick suggests there could be a pull back today so I will watch the price and look for a possible entry long at the $11.32-$11.10 level.
Targets: 12.05, 13.22, 15.11
In addition the 9 ema crossed the 20 ema and we see a MACD cross starting. Price has made higher highs and higher lows in recent months and D+ crossed D- on the ADX.
Yesterday's long upper wick suggests there could be a pull back today so I will watch the price and look for a possible entry long at the $11.32-$11.10 level.
Targets: 12.05, 13.22, 15.11