Hate to complicate the chart with a lot of lines or drawing where many will hate to see, but no question this stock has been market leader and I urge you to take a serious look anytime u feel bullish in the market for many months to come. It will only give you few dollars every time market moves higher. As the saying goes " Lines are drawn to be broken" In this chart there are two pattern one bearish (the green lines (Pennant) had been a good trade but failed short to make the measured target but would have been nice trade if u had detected it, the larger bullish triangle didn't break out yet and it looks if market holds it acts together and ready to move, expect price to head a new all time high and even close to 3sd zone. Target 1- if it breaks out 720 and target -2 780.. watch heavy volume so far that didn't happen compared recent downside volume. Real time alerts www.2waytrading.com
Comment:
16-days ago we suggested a long position $720 being first target and $780 second target now both are achievable. it was one of the best set up for many months congratulation
