Tempur Perdic Inc. This stock gives us a good opportunity about both short and long. TPX is one of the top bullish stock of US Goods sector.
Plan A: we buy after the price violates the top of rectangle and gives us a good candle. Plan B: we sell in the case the stock hit the top and start going lower after that.
But untill this rectangle isn't resolved we need to wait
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So after we bougth this stock it goes very good, now we need to wait a little bit to see if the market gives us a trend opportunity.
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Be careful, the stock is near of previous high, we need to be ready to react rapidly if the situation turns towards short.