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⋅ Hey Folks,
I've been noticing some buzz about this one, as well as solid price forecasts. Here is what I think of the chart and what I plan to do.
It has some nice upside potential if it can remain bullish.
Happy Trading!
OnePath
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⋅ The right shoulder is complete. Let's see if we can break the neckline and a nice follow through.
If Inverse Head and Shoulder fails, I'll monitor the formation of the Handle.
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⋅ Also, RSI broke above 50%. Now I want to see strength break above it's previous high.
Remember, it's not about calling bottoms, but buying when the time is right.
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⋅ I took a starter position 52.11. Tight Stop at 51.75.
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⋅ Neckline broken this morning!
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⋅ Looking for a move into $54 territory
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⋅ My targets are $66 and $80, shaping up well. I'm looking to buy more at a 4-5% discount from today's close. Let's get it!