After a head and shoulders
breakdown early may, Ameritrade had been correcting in a descending triangle
that touched down on the 38.2% fib retrace measured from the late August 2013 lows. Breaking out of the downward trend line
earlier this week, price pulled back to retest that line, closing with a bullish
candle today. RSI
after breaking its own 6 month downward trend line
, with MACD
rising/just crossing the zero line. On a relative basis, momentum is finally putting in higher highs.