Hi Traders,
Well as you can see technically the stock has reached the bottom end of the ascending channel along with retracing back to the 158.08 previous broken resistance turned current support. This is a aggressive entry prior to the close today. In the chart I've provided a line drawing explaining the breakout entry.
Stop is at 154.70
TP is at 166.90
Let's see how this plays out! =)
Well as you can see technically the stock has reached the bottom end of the ascending channel along with retracing back to the 158.08 previous broken resistance turned current support. This is a aggressive entry prior to the close today. In the chart I've provided a line drawing explaining the breakout entry.
Stop is at 154.70
TP is at 166.90
Let's see how this plays out! =)
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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.