VXRT repeat breakout patternVXRT showing repeat breakout pattern within a parallel channel. Looking for 5 EMA to cross 20 EMA and MACD cross: if you look at the prior breakout, price moved outside the downtrend and traded sideways until the the 5/20 EMA cross and MACD crossing up. MACD is currently reading -.005, so I expect the next positive trading day to result in the MACD crossing up and the 5/20 EMA cross which I expect to be the catalyst for another move higher.
I am looking to buy this one right here against the 50 EMA and the rising 5 day EMA.