Cup and handle with very probable breakout. MFI and MACD on the rise. Descending volume during through the handle. Attractive price target.
Note
The all time high that forms the top of the cup is our trigger. I'll admit I wasn't wise enough to wait for the price to break. I should have. Anyway I remain confident. I recommend waiting for a close above the trigger line before to enter.Note
Yeah, It just broke out. At last!Note
Nice to see it break out on such high volumeTrade closed: target reached
Target reached. +40%
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Disclaimer
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.