TGR broke out of its downtrend line strongly confirming a change in trend. Currently its pulling back and is at its 61.8 Fibonacci Retracement Zone. I want to see bullish price action in this zone which would give me confidence to take a buy position and I will target the recent highs with a tight stop below the current swing low.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.