By now the resistance,I would rather say the level of supply, its obvious. A new channel up is being formed, trend up, the levels are there. hard stop should move with channel.
so yes I've been trading this.
I trade what i see, trying to not permanything. Today before closing bell this was giving entry for a bigger down move, but then came the post market candle... unreal. Currently system is flat to bearish, but i don't think they let the bear move.
Im setting this flat because of this last hour buying.
As with any break out, a retest can happen. It seems current move is a retest.
This week is still flat to bullish , flat move can be predominant. Use your risk management.
Have a great weekend everyone!