I think ITRI is basing nicely here, and getting ready for a big move up.What do others on the board think?
Support is still at the mid level BB, and it also bounced off yesterday's low.I'm looking for a move and a close over $60.50 or higher by this Friday. The previously announced partnership with Cisco is huge, this stock just needs more volume.
Back in on a smaller position: 58.24
Out. 59.26( 50EMA)Have a great weekend!
59-60 seem to be the level it can't break. If stay above 60 for a day or two, 65-70 could come fast...
I agree, but only if the market will do the same. If the panic starts, then ITRI will not go higher( maybe even drop).It behaved extremely well today and if we manage to close above 58.10 with a positive market we could reach 60 in no time
I didn't expect this weakness compare to the market...it may take awhile to get your targets
Buyers are coming in to support the stock near the lows of the day, and current support is at the mid level BB.More volume is needed, and a close over $58.90 (tomorrow?) would be even better.Then on to $61, then $66-$67 as far as resistance.After $70 (200dma on weekly chart) ITRI is off to the races.