Filled the gap and technically overbought. Expect this to retest Support
AAXJ broke the trend line. 70.11-68.83 is the next horizontal support range. Not touching this until it holds a support. Wouldn't be surprised if it drops all the way down to long term diagonal support
I sold out of AAXJ at 76 when it failed at my price target. I will reenter on weakness. Right now it looks overbought to me
My price target has been met. Let’s see if it holds. If we break this resistance line the next horizontal line of resistance is around 76.88
AAXJ held support at 72.45 on the daily chart. My next target is ~74.60.
$AAXJ has held support at 70.11. If it breaks resistance and holds at 72.45 next major resistance range is 74.55. Looks like a double bottom has formed as downtrend resistance has been broken