Cup and Handle breakout to the upside with target to $215.50.
The breakout to the upside confirmed but is VERY weak.
The other sign of hesitance is the moving averages 7 > 21 <200MA
Either I'd wait for a test to the new support (Brim level) or a Strong candle up for some thought of upside to come.
Target $215.54
The breakout to the upside confirmed but is VERY weak.
The other sign of hesitance is the moving averages 7 > 21 <200MA
Either I'd wait for a test to the new support (Brim level) or a Strong candle up for some thought of upside to come.
Target $215.54
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)