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UPDATE: Target Reached Aspen R206.03 - Next target higher

Symmetrical Triangle was a a text book trade. The previous trend was up. Price broke above the apex 3/4s in and the momentum continued up.
We had further indicators of confirmation for upside to come.
Price>20
Price>200
Target 1 R206.03

So what now? Well we can expect somewhat a consolidation, and a potential Cup and Handle to form. Then we have the next target above R221.

It might be messy to buy now, but in good time it should present a great opportunity. I'll let you know.

Timonrosso

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)

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Timonrosso

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