Not sure what to make of this. Consolidation also forming on the weekly chart, these trend lines fit there too. My main concern here is the volume is higher on the high days.
The 20MA is crossing below the 50MA which could indicate a short term short trend. Earnings report is on 10/31 as well.
Could breakout in either direction but it's clearly consolidating.
The 20MA is crossing below the 50MA which could indicate a short term short trend. Earnings report is on 10/31 as well.
Could breakout in either direction but it's clearly consolidating.