(First published idea) Just waiting for the breakout. Had 8 good touches on the trendlines. RSI is positive. Looking for good volume. Target is only $100.
Possible buy-in around 11695. If there’s a bounce (retest) around 11626 (yellow) can buy more at or near that price. Depends where you buy, current Stop-Loss around 11579 (red). That’s 1% below 11695 giving a risk reward ratio of only 1.8. First take profits maybe 11744 (green). There is resistance at 11793 (orange) and second take-profits. If she keeps going up, there is more resistance at 11900 (orange) for final profit-taking.
My feeling is that it will be a weak breakout, but I wanted to publish anyway, as it’s my first public TA. So tell me what I’ve missed but go easy on me please!