GOGO is forming the following bullish setups:
1) Head and shoulders bottom, but not yet completed
2) Pullback in a strong bull trend
3) Broke out of trendline, and breakout failed, thus pulling back perfectly to the trendline
4) Price is at a 50% retracement level from the $20 swing high
5) Bull channel and trend in progress
This looks like a good setup for a...
After watching the Japanese Yen trend lower for more than 77 weeks it appears we are now starting to see the smatterings of a bottom coming in on the currency. While it may be a bit early to 'pound-the-table' I do see an interesting opportunity presenting itself within the options space. According to my very strict WCTS model, I can only consider a long position...
