NAT imminent channel breakout/MACD cross

Friday's daily candle closed above the 20 EMA which had been acting as resistance during the selloff since May. Just above the close is the upper end of a downward sloping parallel channel which requires a break of $4.8 to be a true breakout. With NAT residing above the 200 EMA, appearing to have put a bottom in at $4.25 and with the MACD signal showing a sharp upward move, I have to be bullish on this stock above the $4.25 level.

Disclosure: I bought some at the close on Friday 6/5/20 @ $4.72. You're also free to roast me if this one fails.

Comment:

Did indeed sell out for a 4% loss. Had that one good day but no follow through