Description
⋅ The most recent daily candle tested the upper bound of the symmetrical triangle and closed above the .38 Fibonacci level.
The 13 day FI crossed 0 on 9/6 signaling a positive trend.
On the ADX D+ crossed D- indicating an upturn in price trend.
The MACD is setup for a cross which is a buy signal.
OBV confirms the current trend.
2 X ATR Stop $141.02
Target: $165.02 (Prior gap down level)