Huge inverse HS playing out. The last 3 months price has been pushing against the resistance. Break out is coming, SL triggers when price drops below the minimum of the current monthly candle and a daily candles closes at that level. Use limit orders to TP and take profits on the way up.
Note
Daily timeframe chart, uptrend since October 2022:Note
Is doing it:Note
It did it. Start taking some profits here.Note
Looks too good, I'm adding tomorrow:Note
Is trying again. This time I'm taking profits at 19 or so. Earnings are coming and this is not the kind of stock I like to hold too much time:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.