This stock is still trading well below its 50 day falling moving average which supports the current bearish stance, however bullish divergence is appearing on the daily MACD-V indicator. Since the fundamental data for this company is bullish, it will soon be time for the technical data to turn from bearish to bullish. A weekly close above 88.50 will conclude a double bottom formation and give credibility to a trend reversal. 
Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.
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