Possible triple top forming, in conjunction with a possible tweezer top
. If instead we move higher, i'll go long with stop under 82 as support, with a target of July highs $85, risking $1 to get $3. If instead we get a tweezer
, i'll go short with a stop above tweezer tops
, target would be bottom of channel at $78, risking $1 to get $4. This doesn't always work but the R/R tends to help us stay profitable.