EDIT broke out (up) of an inverted Head & Shoulders neckline @ 39.20 yesterday and looks to be firmly on the uptrend now.
A rise to it's H&S target of 49 looks plausible with stop loss about 50 cts below the neckline of 39.20
Let's see if it works out!
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
A rise to it's H&S target of 49 looks plausible with stop loss about 50 cts below the neckline of 39.20
Let's see if it works out!
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
Comment:
Edit burst strongly above it's inverted H&S target of $49. Looks like the next target 65-70 is plausible now. Trail stops up!