Tag: Dip

Align Technology: Look For A Spot To Buy This Dip

After reporting blowout first quarter earnings after the market closed on Apr. 28, Align Technology (NASDAQ:) tock took a sharp break to the upside on higher-than-average volume in early trading. But ALGN stock is giving up those gains on what I can only believe is investors looking to take profits.

The same pattern emerged after the company last reported earnings in February. At that time, ALGN stock dropped 20% before starting its recent climb. Is a similar pattern emerging? It could be. Short interest has been rising in the last month.

This means you may not want to jump on

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