Last post: May 31st. See chart .
Review: Price was hovering around an area of resistance.
Update: Price has now cleared that resistance level and is currently making new highs.
Conclusion: We can look for trading opportunities on a breakout of a previous high on the daily timeframe.
Any comments or questions, do not hesitate to leave them below. Give us the...
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is just above a strong support level and in an overall uptrend.
Conclusion: We need to confirm the uptrend is still in tact with a breakout of the previous high on the daily timeframe.
Any comments or questions, do not hesitate to leave them below. Give use the thumbs up...
Calling tops is not something I'm particularly good at so in attempting to call one here perhaps that should be a reason to go with the bullish count right off the bat. However, as I look at these and similar charts I can't help thinking that this nearly 10 year bull market is perhaps getting a bit long in the tooth.
