CLPS Incorporation
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CLPS

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CLPS Inc (NASDAQ:CLPS) gave us a nice move on Friday, which could be the start of a bullish reversal and a short-term bottom. The technical indicators on H4 are looking better for the stock with the MACD indicator above its sell signal line and RSI indicator moving up from the 50% level. Friday Chairman's Letter to the Company's Shareholders is very bullish. The stock was trading at $19.50 in Feb and closed on Friday at $5.47. I think it could see a sharp reversal in the next few sessions.

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