BB (Hourly) Could Resume Upward Momentum

BB has made over a 50% retracement from its 1/27 high of 28.74.

The hourly MACD is now positive.

The hourly stochastic is overbought but that can happen at trend changes when old resistance levels become support.

On a fundamental basis the annual YOY revenue growth is now 15%, after being a negative 30% as recent as 2018.

I would put a stop below the most recent support at 10.95.

Price target for this trade is 17.95.