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JakeSummerfield

Proto Labs in Stage 1 ready to launch

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Proto Labs, Inc. (NYSE:PRLB)  
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NYSE:PRLB   Proto Labs, Inc.
Trend Analysis stageanalysis stage2 stage1
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trendanalysis stageanalysis stage2 stage1
RSI has bottomed, MACD in an uptrend. Poking it's head above 30week MA with earnings on deck. If this stays above 30 week MA and closes week post earnings above 30 week MA this will be entering stage 2 with clear stops below 30 week MA for a great risk reward profile. This stock has been bottoming and forming a base for months.
Dagangan ditutup: hentian tercapai:
False breakout back below 30 week MA, still in stage 1 and continuing to form a large base. Momentum will continue to build and I don't see this making new lows.
Penafian

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