Technically very bullish, with higher highs and higher lows. But
as you see it kissed the daily 200 MA and closed both the old
and the new gap. Now a close above the 200 daily MA and a retest
would be your go long bias. Or it may bounce back up a little from the TL
give you a double top and reverse down and there you want to see
a break of the neckline that happens to be at the same level as the TL
a break down and retest would be your bearish trigger for short.
Questions? :D
as you see it kissed the daily 200 MA and closed both the old
and the new gap. Now a close above the 200 daily MA and a retest
would be your go long bias. Or it may bounce back up a little from the TL
give you a double top and reverse down and there you want to see
a break of the neckline that happens to be at the same level as the TL
a break down and retest would be your bearish trigger for short.
Questions? :D
