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One of my holdings, $NTCT, is hitting decade highs today, at $17. I am a firm believer that price has memory, and for this stock to overcome multi-year resistance, especially given the broad market conditions for the past few months, is an undeniable sign of strength.
The monthly and quarterly charts shows a nice green candle above multi-year resistance.
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Finally, the daily chart shows a thee large consecutive green candles, pretty darn close to the “three white soldiers” candlestick pattern which is a very bullish pattern after the stock’s recent consolidation. Keep in mind $NTCT is a relatively thin stock. Apart from that, I expect much higher prices from here.
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Bottom indicators (STOCH, MACD and RSI) all look constructive too. I’m a little concerned about buying into the jobs report tomorrow. May take some tomorrow after all the bru haha is over.