Looks like 9.90 has gone from resistance to support. Good launching pad. From May 19th - June 5th 9.90-10.05 has been very strong resistance being touched and sent back down several times. Now that it has been cleared it will serve as strong support for the next leg up to 11.16.
Comments
timwest
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Can you comment on your stop loss at this point? I see the volume confirmed the trend line break yesterday. What is your upside target? If no target, then at least what would your stop be? Thanks (I'd like to make your chart "suggested")