What I see... + Side way move within channel since prices hit bottom back in early April + Reversal candle with confirmation painted last week + Triple NR7 bars with descending vol., followed by a wide range bar with higher vol. + 10ma is crossing 50ma + MACD is about to turn bullish! + RSI is at 56 + Prices are supported by 50MA and 10MA + Somewhat narrow Bollinger
- Long upper shadow from today's bar - Resistance ahead
What I trade... + Long above today's high - Stop at bottom of this week's low +Target at low-$18