I set some wedge lines in early March and watched... I really thought it might break the double top then triple top then quad top, but the bears ruled the chart. Now the Triangle indicator popped up. Lets keep a close eye on the new thick line and my old thin line. Several days of consolidation between the two. Break of either will give good stop loss line and play the breakout calls or puts available.
Comment:
Looks like a break on the low side, but there isn't any real volume behind it. I don't expect a big pop in either direction just yet. WW week of 4/25/22. If relative volume improves and breaks 4.10 to the low or 4.50 on the high it may play.
Comment:
Not really doing much for me here. No Volume, so No Breakout. Still on watch, but moving down on the list.
Order cancelled:
No longer on watch. Moving on.