In the longterm view we see a .
These days the tested the bottom of this . From then on, a big up-move appeared - the jumped from 4,75 - 5,89 - made 23% within 4 trading sessions. A consolidation followed which let the Price drop to 5.30. Yesterday the jumped from this Niveau under volumpressure. The right shoulder was formed. (or a classical 1-2-3 Long-pattern --> for further Information please have a look at
Now i see the Chance which is good for round about 1$ or 15%.
-Stoppbuy could be the neckline (or "2") @ 6$.
-SL could be near below the last LOW (ricght shoulder or "3") @ 5.3
-TP could be the projection of the @ ~ 6.88 (this Level is also corresponding to the 61,8% fibo-retracement or the open Gaps bottom which acts as a resistance.
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Comment: H&S is triggered, the stock nearly touched the gaps bottom.Now i exspect a Retest of the neckline
Comment: TP reached -faster than a speedy bullet! Cheers
Trade closed: target reached
Comment: Again a longchance ? Trying to catch the retest of the former breakoutlevel at 6,05
Comment: soon a hard landing?