We have exceeded a rising wedge today within a clearly favourable market. It had looked like a banner stick until mid August but instead a correction we got this rising wedge from which we've been broken out today.
Trade closed: target reached:
I've closed the position taking the profit for the moment. But I'm looking for a little correction down to get a little better price.
Trade active:
It seems that the stock is not in the mood to correct. I am long again.
Trade closed: target reached:
I am taking another profit now as the price is correcting downward. I hope to get another better entry.