J05B

Storm preparing for breakout?

Long
J05B Updated   
I was checking storm and there might be some indicators telling that STORM wants to bounce up.
It is currently back at 61,8 retrace level. Als a cup and hadle has formed. Is this STORM telling is that it is ready to start a new uptrend.

Let me know your thoughts. This is just my first experiment on TV. And love to hear and learn from all of you.
Trade active:
so far this is working out nicely, already did 4 trades within this range all good for profits between 4% and 12% each. my buy ins where around 117 - 122, and sold at 127 -132 levels.

It starting to look like it wants to break out the channel at this moment. I will keep watching this one. I use a trailing buy set up to buy in again at the retrace of last peak. My sell targets will be at 150 and 170.

Good luck!
Comment:
STORM is just going strong, amazing push up lately, locked some profits, and will use the 135-140 range to reload.
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