I am looking for potential move above 80 for additional gains. Short term moving averages caught up price and some flagging or consolidation above will be healthy before break up. Next resistance levels and potential targets are 82 and 84-86. Stop below 78 make sence because then moving averages will be lost. Next support is at 76.
Comments
andrew.berg
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Triggered entry on 30 of April with a nice close near highs above $80.00 resistance level. Would be nice to see some follow through above previous high of the day at $80.40. Risk is below $79 point where it broke trend line.