Monthly
A buy trigger was signaled on close of June 2016. Price had remained below this level but has closed above it in May 2017 and is above it now half way through June. Indicators are bullish.
Weekly
Price has been in a consolidation pattern from November 2016 thru March of 2017 where there was a breakout.
A buy trigger was signaled on close of week of 3/13/2017 and price has continued to move up. With price at April 2016 highs, an entry here could be risky.
A potential strategy may be to watch daily for some type of correction before entering a long position. The week of 6/11/2017 should add clarity to potential entry strategy.
Some upside targets would be: .769 / 1.455
A buy trigger was signaled on close of June 2016. Price had remained below this level but has closed above it in May 2017 and is above it now half way through June. Indicators are bullish.
Weekly
A buy trigger was signaled on close of week of 3/13/2017 and price has continued to move up. With price at April 2016 highs, an entry here could be risky.
A potential strategy may be to watch daily for some type of correction before entering a long position. The week of 6/11/2017 should add clarity to potential entry strategy.
Some upside targets would be: .769 / 1.455
