Nice multi-week flagging structure ready to breakout.
New ATH is possible.
Precondition:
- Orange zone has to hold.
- We have to break out of the descending channel.
- Price might retest the negative trendline upon break.
Buy inside the Orange Zone.
Sell inside the Red Zone.
NFA/DYOR please.
Trade closed: stop reached:
Faked out, last line of defense is $10.