Short-term short, but this has been an extremely strong uptrend.
I would open a long position if... 1. It closes on the weekly over the resistance line. 2. It gets close to the 100 week EMA
Remember this is a weekly chart so things don't count until it nears a close on fridays.
Comments
octradr
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Major drop after earnings, but surprisingly the long play is still intact...for now! 1/9
octradr
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I hope you noticed it closed over the resistance line last week because I missed it. I really don't like not being able to close out a chart and make it inactive once it is no longer relevant. I have way too many charts to sort through now. 12/24