Long term wedge breakout. Short term Ascending Triangle formed, resistance at 3170, some nice volume picking up, breakout pending.
MOD
Buy: 3000-3150
Short term targets:
3220
3310
3400
3600
Mid term targets:
4200
5800
7400
Stop loss:
2800
MOD
Buy: 3000-3150
Short term targets:
3220
3310
3400
3600
Mid term targets:
4200
5800
7400
Stop loss:
2800
Comment:
A look at the long term wedge breakout and mid term targets-
Comment:
First, second and third target hit for a 14% profit