Very confident we can ride this to $44
The RSI is not bearish - not super bullish either
Moving Averages are bullish
I think this is trading in an Upper Wedge Pattern. After it meets $44 I will look to see it fall back down to $41 where it meets support and then after confirming support I will look to buy back in.
The RSI is not bearish - not super bullish either
Moving Averages are bullish
I think this is trading in an Upper Wedge Pattern. After it meets $44 I will look to see it fall back down to $41 where it meets support and then after confirming support I will look to buy back in.
Trade closed: target reached:
...Takes bow...
Hey guys - we did it. Very bullish day. This wedge pattern worked out perfect. Waiting for confirmation it is headed back down to $41 before I consider a short.
Happy trading.
Hey guys - we did it. Very bullish day. This wedge pattern worked out perfect. Waiting for confirmation it is headed back down to $41 before I consider a short.
Happy trading.