3 touches confirm bottom trend line. Will markets cooperate for a breakout? Or does another big corp just need to get hacked? Nice risk / reward with stop around 30.
Consolidating before next leg up or running out of steam?
Upward bias until price confirms a change in behavior.
Breakout watch above 2138
Breakdown watch below 2000
High probability that we won't know until August or September.
Consolidating before next leg up or losing steam before a break down?
Bulls want to see a close above top blue horizontal line and 2135. Bears want to see a breakdown of the upward channel in green and 2000. Only 3 days left in month. Will reevaluate after close on Friday. High probability that we have no resolution until August or September. Long bias until...
