strong break of control price along with positive directional movement crossover.. looking for this to break 15.40 area with 16 as next target.. stop at 13.80
Liking the setup here to get back to 123 area.. ADX (dotted line in directional movement) is trending higher and control price held with long wick.. 123 target with 112.80 stop
there was strong initiative move by buyers with earnings, but sellers immediately took over and brought price back to control line of uptrend. I'd be looking at a short play back to lower trend line below value (see arrow).
Looking for a retest of ~60 area pre-earnings.. broke thru lower value area without a retest and is sitting on control price from bigger value area dating back to Oct 2018
Potential long play here as reversal of downtrend is forming. Recent highs have broken the last value area of the downtrend (rectangle in chart). Could get a play back to ~17.30
