Friends,
We've seen dynamic resistance broken, higher structure highs, and we may now see the main resistance level broken as well. An open above 40.30's could symbolise a safe opportunity to get long in this stock with very low downside risk.
NOTE: I forgot to add something very important. We had really nice reversal rejection candles at the bottom of the channel range on the highest high, this is why I feel as though we may finally see the breakout. I apologise for not adding this on my chart.
Thanks
Tom
We've seen dynamic resistance broken, higher structure highs, and we may now see the main resistance level broken as well. An open above 40.30's could symbolise a safe opportunity to get long in this stock with very low downside risk.
NOTE: I forgot to add something very important. We had really nice reversal rejection candles at the bottom of the channel range on the highest high, this is why I feel as though we may finally see the breakout. I apologise for not adding this on my chart.
Thanks
Tom
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.