Weekly chart on top shows long term cup and handle just filled recently near $46
while daily chart below shows there's also a trend continuation pattern.
With RSI rounding down, on short term, 50-53 seems like possible downside, with higher chances of trend resuming to upside and go beyond current 52-week highs!
Stop loss below 50, and use trailing stops as and if price advances higher!
while daily chart below shows there's also a trend continuation pattern.
With RSI rounding down, on short term, 50-53 seems like possible downside, with higher chances of trend resuming to upside and go beyond current 52-week highs!
Stop loss below 50, and use trailing stops as and if price advances higher!
Trade active:
First 52-week new high hit today at 55.95
Trade active:
3rd day streak of new 52-week highs!