PhoenixBlue

$MILE on breakout watch

Long
NASDAQ:MILE   None
$MILE - Highest volume trading day on the way up signalling a reversal in play, could even come as soon as this week.
Plenty of overhead resistance, but with a double bottom forming and a high volume on the way up signalling accumulation, this is setting up for a gap fill at least.

A breakout above 7 would send this soaring.

Target 1 the gap fill area of ~6.75

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.