showed an outbreak pull back setup. It is likely that it will go near or over the previous outbreak level (+ 25 %). A Stop order could be placed below the support (21 $). This is a very speculative idea, i will always protect my money with a cautious risk management.
- outbreak pullback setup - done
- outbreak level is the new support
- ADX is strong, +DI is still positive
- RSI is oversold - a strong move can be expected