Volume has been barely average recently. The EMA’s are headed higher after a recent cross, but we can’t trust them all too much because this has been bouncing back and forth like ping pong. The SMA’s are still sideways and closing in on each other. Stochastics are headed higher into overbought territory, RSI is headed toward being overbought and MACD looked like it squeezed out a buy signal. BB are coming together and have been broken today. ADX is at 20 with plenty of room to run. It's been accumulating for over a year.
R:R is 1:2.
Trigger at $36.60
Stop at $35.22
IT (Initial Target) of 39.58. {Play the candles heavily on this one.}
R:R is 1:2.
Trigger at $36.60
Stop at $35.22
IT (Initial Target) of 39.58. {Play the candles heavily on this one.}
