Since price hit the in March this year, it has gradually been pulling itself up. If price does not break out soon then we
may see it go into a period of consolidation. How long a stock stays in consolidation for is unknown and the best way to trade them is
to wait for price to breakout either to the upside or the downside.
As price is not too far away from the all-time high we may see a breakout soon and today's bar was fairly big.
We will now have to wait until next week to see if the momentum can continue.
Once we do get a breakout there will be opportunities to go long for those who have been patiently waiting.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!