Shares of AVP surged today
Chart courtesy of stockchartsShares of Avon Products surged after the company said Tuesday its quarterly earnings climbed in the fourth quarter, beating Wall Street forecasts. Looking at the chart the stock broke out an important resistance at 35$. If this chart does what is supposed to do, it will be going higher in the weeks to come, hovewer we could see a pull back due to the overbought conditions. Macd is rising.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Have a nice evening !!!!
AC
Labels: AVP
