Market_Psychology
Long

Match going into earning. Price in rising channel.

NASDAQ:MTCH   MATCH GROUP, INC.
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Before earnings are announced today Match.com price is in a rising channel . Now, it is having some difficulty staying above the resistance set when the stock started trading at 16.15. Regardless of earnings I am bullish unless price breaks down through rising channel with heavy volume . However, RSI divergence is pointing to a possible down turn in the near future.
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