Why we are choosing Goodpack today?
Of course, from the chart we can easily find out the answer. 3 lower bottoms of price happen concurrently with 3 higher of MACD histogram bottom had formed up an ideal divergence. The divergence is normally indicating a reversal of a trend. In this case, the reversal even supported by 3 times golden cross of stochastic in oversold region. Obviously, entry at this level by putting a protective stop at a tick lower than recent low would be the best strategy at this moment.
