CryptBay

AYTU looking for a break out

Long
NASDAQ:AYTU   Aytu BioPharma, Inc
A perfect ascending triangle is in the works and its a matter of days/weeks for it to possibly break out at the upside.
Most probably will do a few more re-tests on the lower trendline before it finally breaks free.
Comment: Once the upper trend line has been broken, I would wait for a 1D candle confirmation to eliminate any fake-out at play. Then increase my position.
Comment: $1.66 and above will be ideal as we break through the Ichimoku resistance and will signal strong bullish momentum.

Comments

looks like it will break upper trend line soon
+1 Reply
CryptBay amichelle
@amichelle, It is right on it, hopefully today get a full-bodied candle close opposed to any wicks.
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