Long
A brekaout our of descending triangle
The formation is accurate but the volume doesnt correspond to the breakout making it high risk. One should maintain sl around 2-3% below cost ideally. Bull markets tend to create breakout out of almost any volume setup. The same thing would have been next to impossible in 2017-2018. Something to watch and learn and later archive it.
Not a recommendation but only a study of Technical analysis
Not a recommendation but only a study of Technical analysis
Note
Amazing movement last night with a high of 265. very uncertain markets it retraced very fast, SL can be maintained hereTrade active
quarterly numbers would be out on 28th. A sl is a must in such situation since any such circumstances could invalidate the pattern
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