Last night it broke 3 resistance levels closing at $49.66.
There are as follows :
a) S-Trader Trend Tracker daily resistance2 = $49.18
b) 50-period simple moving average (SMA) = $49.38 (yesterday's closing)
c) 200-period simple moving average (SMA) = $49.37 (yesterday's closing)
However, the volume associated with the breakout relatively low compare to 15 and 17 May.
An interesting episode to watch going forward.
Source :
1) Metastock
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