-Well defined 13 Week cup and handle
-Multiple retests of the boundary throughout the handle
-Daily Bollinger bands are squeezing
-Some interesting volume with building volume on the daily
100 basis points in one tranche is planned
Trailing a stop below the 21MA on the weekly could be an effective trade management solution
-Multiple retests of the boundary throughout the handle
-Daily Bollinger bands are squeezing
-Some interesting volume with building volume on the daily
100 basis points in one tranche is planned
Trailing a stop below the 21MA on the weekly could be an effective trade management solution
Comment:
Resting stop order in place