First a Cup N handle, then a (not very clean) head N shoulder and now a 3.5 year ascending triangle breakout with good volumes !
But I am not sure about things. Too much mess in the chart.
Entry should be taken only after some consolidation and a clear breakout of the nearest resistance at 2607 (green line) for possibility to reach each of the above blue lines as potential targets.
Strict SL at the Red Dash Line (at 2034) closing basis.
--- --- ---
“The stock market is never obvious.
It is designed to fool most of the people, most of the time.”
- J.L.
But I am not sure about things. Too much mess in the chart.
Entry should be taken only after some consolidation and a clear breakout of the nearest resistance at 2607 (green line) for possibility to reach each of the above blue lines as potential targets.
Strict SL at the Red Dash Line (at 2034) closing basis.
--- --- ---
“The stock market is never obvious.
It is designed to fool most of the people, most of the time.”
- J.L.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.