Check list
Strong trend? Yes.
The weekly trend is strong, and the daily price is above rising 20-, 50-, and 200-day averages.
Good consolidation (pre-requisite before breakout in A+ setup)? Constructive. Several weeks of consolidation around roughly $33–35 preceded the latest push toward new highs. The final tightening could be clearer.
Extended? Moderately: approximately 3.3% above the daily 20-day average ($34.63) and 8.2% above the 50-day ($33.08) at $35.78.
Volume confirmation? Yesterday’s 1.09M was about 55% above the 10-day average, but only 16% above the 90-day average. Encouraging, rather than overwhelming.
Entry trigger now? Still pending. Price is consolidating beneath yesterday’s $36.05 high.
The main breakout level is $36.05.
The earlier $35.85 level is today’s intraday high. Clearing it would show improving momentum, but $36.05 is the more meaningful daily-chart hurdle.
For an early entry, I’d look for a completed 15-minute candle above $36.05, closing strongly on increased volume, followed by price holding above that level. A single one-minute spike would offer much weaker evidence. Expanding volume strengthens a resistance breakout
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
