We're flirting with a breakout of this pattern right now. Four touches on the lower support line, a break above the EMA resistance, and a potential breakout have me bullish AF right now. The measured move of this breakout would put us right around the resistance at $9,100.
Comment:
This played out nicely. Looking great on the daily chart too. The 13 EMA is my favorite buy/sell signal, and we just broke above it on the daily time frame.
Comment:
