I mean, I know polar bears drink coke and play in water because I saw the commercials. Can bulls swim? I'm a sinker. Cuz of all the donuts.
This is all TA based. I've never seen or heard of this before. However, the trend setup is fairly nice. All the important stuff is labeled. 2 potential paths to the upside, one takes it down first and then breaks out, the other just pushes up and over into a breakout. I like the potential for the second option (orange), but that is a guideline, instead focus on the price targets and trends.
Looks bullish, but I don't want to say for sure because price can easily dip lower and lower. Good luck!!
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we got a breakout, a couple potential options to consider. First, it cools down and confirms a price target before more upside. Two, it keeps moving up higher and higher before an eventual bigger and steeper drop.