I expect a retest of the upper trendline and then a dive (similar to the gap up on earnings that happened mid-May in 2017) over the next 6 weeks to the bottom trendline. For now just waiting.
Comment:
I expect retest of the upper-trendline today ending in a green day, and if so, I will start looking at a good entry for the down-ward flush on rejection.
Comment:
Today would be a good day to take profits and complete this trade.
Trade closed: target reached:
Forgot to close this on Apr 4 as mentioned.