Post by
rankininlet on Aug 17, 2017 9:15am
Push thru 1.52 today?
Next resistance ~ 1.70. A close above 1.52 today would be very bullish. Closing under 1.48 would concern me a bit in the short term as we could drop into the 1.35 to 1.45 zone.
Comment by
humppyus on Aug 17, 2017 11:08am
It would be nice to see it move through 1.52. However a close below 1.48 shouldn't cause a technical downdraft at this point. Earnings is the focus and it will likely trade flat to possibly getting over 1.50 beforehand. Looking forward to next Tuesday as hopefully some questions will be answered and a positive tone set for the SP as we head into the fall.
Comment by
Juniortrad on Aug 17, 2017 12:07pm
I have a feeling that they will also announce the move to the big board on Tuesday!