Weekly chart.
Price is not to EL level yet which is a break of the neckline with an uptrend.
Some define this a 2 closes above the neckline.
Spinning top at resistance today.
The neckline is strong resistance until broken in a convincing fashion and once price is above it, the neckline is support and some would place a stop below this line.
NO recommendation/In many cases it is not advisable to enter before EL level and this is one of those instances.
Blue stars represent the 2 shoulders and the head.
Price is not to EL level yet which is a break of the neckline with an uptrend.
Some define this a 2 closes above the neckline.
Spinning top at resistance today.
The neckline is strong resistance until broken in a convincing fashion and once price is above it, the neckline is support and some would place a stop below this line.
NO recommendation/In many cases it is not advisable to enter before EL level and this is one of those instances.
Blue stars represent the 2 shoulders and the head.