Target: 390
Stop loss: 315
Correction is looking for a reversal and continuation of the long term uptrend. We are waiting for a breakout of the triangle. If it breaks down there is still support at the 315 are where the move up started. This is where we set our stop-loss.
Stop loss: 315
Correction is looking for a reversal and continuation of the long term uptrend. We are waiting for a breakout of the triangle. If it breaks down there is still support at the 315 are where the move up started. This is where we set our stop-loss.
Comment:
This is a minor consolidation, not a correction. My apologies.