In the weekly frame it shows a possible with similar target.
Date first found- January 25, 2017
Pattern/Why- Breakout of Longterm resistance.
Entry Target Criteria- Break of $28.03 or Retrace back to $27.03
Exit Target Criteria- First target $33.83, Second target $37.33
Stop Loss Criteria- $24.83
Trade Status: Pending
January 30th- Strong decline breaking below EMA lines, not looking good as long.
January 26th- Declined a bit & Traded into pull back entry at $27.03, but closed bullish. About 3% higher from entry price.
February 9th- Nice reversal after testing MA 20, looking strong now.
February 7th- Seems rolling over, not looking very good as long at this time. Wait & see situation.
February 3rd- Nice upward move from EMA lines, showing strong upward move.
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