Bullish penant, triangle breakout.
RSI Daily below 60 leaving plenty of room.
Stochastic pointing up, sell volume diminishing, MACD about to cross over. VWAP increase on red candle.
Wave 1 = $0.81
Wave 3 (1.618 X Wave 1) = 1.31
(1.57+1.31) = 2.88
RSI Daily below 60 leaving plenty of room.
Stochastic pointing up, sell volume diminishing, MACD about to cross over. VWAP increase on red candle.
Wave 1 = $0.81
Wave 3 (1.618 X Wave 1) = 1.31
(1.57+1.31) = 2.88
Trade closed manually:
Closing, 9.75 area seems like new resistance.
Trade closed manually:
Doh! TIA trade closed.