Breakup looks likely looking at overall market momentum. Earning expected on 24th Aug after market close but could breakup before that.
Should it break up, any near term retest back towards neckline will be an opportunity to stake/add.
Manage positions with trailing stops.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Should it break up, any near term retest back towards neckline will be an opportunity to stake/add.
Manage positions with trailing stops.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!