Potential bull flag forming.
This is my favorite setup. Go long when(e) starts to rebound up, and set your stop at the bottom of the rebound. (e wave doesnt always hit exact trend line) Buy more when there is a breakout from the top trend line, and move stop to the top trend line. Target $23-$25.
Also, zooming out at the weekly/monthly chart, this has the potential to go a lot higher, depending on how the markets hold up this year.
This is my favorite setup. Go long when(e) starts to rebound up, and set your stop at the bottom of the rebound. (e wave doesnt always hit exact trend line) Buy more when there is a breakout from the top trend line, and move stop to the top trend line. Target $23-$25.
Also, zooming out at the weekly/monthly chart, this has the potential to go a lot higher, depending on how the markets hold up this year.
Trade active:
Long. We broke out of the wedge.
