Waiting for CARG to breakout Daily Ascending Triangle
I do not have enough history for both weekly and monthly charts to see if there is previous S/R, the stock may want to bounce off.
However, we have an ascending triangle forming in the daily chart and we can notice a relatively strong volume bar at a level below the anticipated breakout.
The only way to go long is to wait for a clear breakout and to wait for a retest (preferably in Daily Time Frame if possible).
However, we have an ascending triangle forming in the daily chart and we can notice a relatively strong volume bar at a level below the anticipated breakout.
The only way to go long is to wait for a clear breakout and to wait for a retest (preferably in Daily Time Frame if possible).