Wedge has been forming since mid April & end is near pending a major breakout or breakdown.
Gap to be filed in the range 10.40 -10.74
Gap has also been filled twice over this month wedge as well.
Strategy to play this:
Wait till price falls back into the gap range and set stop loss to $10.30
Or
Wait till bullish confirmation if stock breaks the upper wedge trend line.
Gap to be filed in the range 10.40 -10.74
Gap has also been filled twice over this month wedge as well.
Strategy to play this:
Wait till price falls back into the gap range and set stop loss to $10.30
Or
Wait till bullish confirmation if stock breaks the upper wedge trend line.