We are trading within an old(since January) range. The stock tried to break out twice in March and April but fell back each time. Since April we are back in the original range. We may consider this range being a bulls' pannant so that more tests of the upside are more likely as long as the downside has not been challanged convincingly.
Trade closed: stop reached
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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.