Breakup looks imminent after a 3 month consolidation.
A strong bullish bar that broke up slightly on 6 April followed by 2 inside bars (potentially bullish) retesting the neckline.
If trade goes our way (ie trend higher) leading to earnings, I would likely take most of the profits off before earnings.
Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important!
A strong bullish bar that broke up slightly on 6 April followed by 2 inside bars (potentially bullish) retesting the neckline.
If trade goes our way (ie trend higher) leading to earnings, I would likely take most of the profits off before earnings.
Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important!
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