Setting up nicely for a cup and handle pattern. Current momentum is bullish with a blended candle approach. This is a method that uses summation of candle patterns over 20 and 50 day period to provide short and medium term momentum action. The 20 day blended candle pattern is bullish and the 50 day is weak bearish at present which is a change from bearish momentum few weeks ago. Things are looking to continue trending up.
Trade active:
Up 9% since this was published and up 18% since entry. Trailing stop set to be profitable.