SFIX - Hammer Time

strong momentum in this stock, more then doubeling since its IPO
level of resistence was set at 30$ area
last week earnings push the stock up abive resistance and now 30$ is acting as support
today formed a bullish candlestick - green hammer which indicate that buyers are here
stop below 30$ and target at 35.5
could see 40$ in the not so far future
Candlestick AnalysisSFIXSupply and DemandSupport and Resistance

Penafian