Watching for a potential breakout on this after Buffet news. Would prefer to see a touch at the high and then a pull back and some consolidation before the break. Targets = fib extensions. Not interested anymore below the tan box.
Note
Tapped T1 then dropped sharply. I you did not catch the initial move wait for some consolidation and a move back up. Re- test of breakout point common. Still want to see it hold above the tan box.Note
Late follow up. Obviously the could not hold the tan box so was stopped on this with small gain from the initial breakout.
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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.