A breakout with good volume from a symmetric triangle and also from a rising wedge. Breakout from the rising wedge from the bottom of the wedge in one candle is a positive sign but a small pull back is expected which is where one can accumulate. I suspect it to correct to near 1760.
I also a expect a Golden Crossover soon which will help this stock run upside.
I also a expect a Golden Crossover soon which will help this stock run upside.
Note
I was wrong here. I expected it to retest the symmetric triangle but I forgot to see that a breakout out of the wedge would only take a retest at the wedge.
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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.