With signs of tapering kicking in a month ago and our strong buying channels awaiting activation, we've been preparing for this breakout and finally got our entry last week!
There's plenty more room for this to go although we can see some immediate signs of resistance here at our tapered teal. Look for yellow strong buying continuation to continue to activate and hold price for a breakout of teal and test of magenta.
@cocosdad thank you my pleasure! Glad you found it helpful
cocosdad
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@TraderDaddyOG, ... Mind my asking ? We're at $43.66 today, Tuesday.. You don't think we'll see it come back down and touch somewhere along your yellow upward diagonal before it intersects teal ? Thank you
TraderDaddyOG
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@cocosdad don’t mind at all! I am currently out of the house/office so I will answer your question as soon as I’m back by the computer tomorrow morning. I will likely make an updated video in the morning to answer your question and update everyone on what to be looking out for. Thanks for understanding and I apologize for the delay.