M - Successful Bullish Prediction. Take Profit?

May 16, 2018

Yesterday I posted a bullish candlestick setup that had formed on the daily chart. You can see that analysis here tradingview.com/chart/M/uoyhNrKt-Bullish-pin-off-of-a-key-support-trend-line-w-increased-volume/. Earnings were released pre-market and price shot up over 10% in line with our bullish prediction. The next major resistance area is 32.30. The question now is whether to let it run for further profit on a breakout of 32.30, or take profit on an anticipate pullback from this key resistance level.