+ Broke out w/ extremely high vol.
+ Prices were on sideway, narrow range bound movement for weeks prior to break-out
+ Significant dip in vol. the day prior to break-out
- Multiple failed break-out in the past few months, even with high volume support
- Low $2 price is just about the lowest I would go for my personal strategies
: First target at 2.57 level
:...
+ Unusually high volume last week under side way price movement
+ Today's breakout bar is also supported by very high volume
+ Fast EMA crossing upward
- Long lower shadow indicates volatility
- Slight upper shadow
+ side way price movement under lower than avg. volume
- upper shadow on today's break out bar
+ very high volume supporting today's break out bar
- failed break out registered back in early Sept.
: 1st Target at mid-$19
: 2nd Target at $22
Stoch RSI and MACD signal that there could be a rise in price. This is backed by fib retracement. Shown using Three Drivers Pattern graphing tool. Approx. 2:1 Risk ratio.
17 - DEC
FIBs seem to be lining up with this trade. DMI and MACD showing buy signals. Hoping we can see a bit of a pullback towards the 0.618.
If so, the target may be 21.71, though I will tighten stops prior.
Original idea from @Reallifetrading
I THINK LIKE THIS , i think google , is in the channel that have long time swing , in this channel .
i think channel is broke from up . but i'm not sure about when it can be broke
