Friends,
Looks as though we are going to have a nice long here. This wave, in my opinion is the wave which is going to break the channel. And I expect measure rule targets to be hit on the breakout.
Another thing to bare in mine is that the stock was in an extended uptrend before this support took place, so the long may continue on further along, even above the typical measure rule of a channel.
Tom
Looks as though we are going to have a nice long here. This wave, in my opinion is the wave which is going to break the channel. And I expect measure rule targets to be hit on the breakout.
Another thing to bare in mine is that the stock was in an extended uptrend before this support took place, so the long may continue on further along, even above the typical measure rule of a channel.
Tom