Just broke above resistance. Would prefer an entry on a slight pull back to the bottom of the box. Could also enter on break of the top of the box. Risk would be close back below box. Targets are the dotted lines.
Nota
No go today. Will watch for price to reclaim box. An aggressive trader may take it off a dip below the lower trend line then reclaim. I would prefer a break above the box.Nota
PTON moving above box. Trade active.Nota
Held as it just clung to the bottom of the box. Wil have to close if it opens weak tomorrow.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.