Here we can see a follow up rally from the initial wedge breakout- I like to see price come back down to retest the previous resistance (white down drend line) to find support, which we did see.
Top half of the bollinger band is gaining control, and maintaining control, as the 20MA has just been tested on the 1h chart and is not pushing towards the top of the band on a 3 standard deviation setting -It passed the test
My near-term target for SAN is the $0.55 mark, coinciding with the 78.6 fib level.
Top half of the bollinger band is gaining control, and maintaining control, as the 20MA has just been tested on the 1h chart and is not pushing towards the top of the band on a 3 standard deviation setting -It passed the test
My near-term target for SAN is the $0.55 mark, coinciding with the 78.6 fib level.