DAVA Reversal Pattern Ideas with Bullish Divergence!

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Hey Folks,

I've been noticing some buzz about this one, as well as solid price forecasts. Here is what I think of the chart and what I plan to do.

It has some nice upside potential if it can remain bullish.

Happy Trading!
OnePath
Uwaga
The right shoulder is complete. Let's see if we can break the neckline and a nice follow through.

If Inverse Head and Shoulder fails, I'll monitor the formation of the Handle.
Uwaga
Also, RSI broke above 50%. Now I want to see strength break above it's previous high.

Remember, it's not about calling bottoms, but buying when the time is right.
Uwaga
I took a starter position 52.11. Tight Stop at 51.75.
Uwaga
Neckline broken this morning!
Uwaga
Looking for a move into $54 territory
Uwaga
My targets are $66 and $80, shaping up well. I'm looking to buy more at a 4-5% discount from today's close. Let's get it!
Chart PatternsTechnical IndicatorsTrend Analysis

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