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25/1/2018 0 Comments earnings play pt.2CVLT has recently broken out of a flag pattern and has decreased in price. However, the stock hit propr support and rose in price. The RVI is showing a flag pattern, so we could see a short-term rise in volatility. Also, the RSI has been rising for the last few days. So, I am putting my long position above the 50 MA which is providing resistance and potential support in the future. My short will be below the prior support. 24/01/18: |