Soared this week with most retail store stocks. It's been trading sideways in consolidation(Purple box) since around the end of December.
If you look at the RSI , you'll see it Broke its down trend line on March 16th and has alot of room to go I'll be looking for an entry above 524 (Yellow line). Any continuation on to the next Targets (greenlines) would be a new uptrend. Earnings is on the 24th, and that's always a gamble unless you know a friend who heard it from a friend 😏
If you look at the RSI , you'll see it Broke its down trend line on March 16th and has alot of room to go I'll be looking for an entry above 524 (Yellow line). Any continuation on to the next Targets (greenlines) would be a new uptrend. Earnings is on the 24th, and that's always a gamble unless you know a friend who heard it from a friend 😏