Zagg Inc has formed a 4R1G and rebound at the support. Time to bull it again..
Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - 4R1G ( Bullish)
4) RSI - Rebound at 50% ( Bullish )
5) Sto - Rebound at 30% and going up Bullish)
6) ADX - strong momentum and Bullish
7) Candle Stick - White Candle after Doji( slight bullish)
0 Points
7 Points
Conclusion
Winner BULL
Rebound from Support based on the FIB retracement level.
Entry Price 13.9
Take Profit at 15.92
Support at 12.26
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