When will it break out?
The red line is the weekly trendline and the green is resistance at $35.29.
Tomorrow and next week i'll be watching to see if it breaks above flag or moves down to the weekly trend line.
I believe it WILL break out, just a question of tomorrow or end of next week?
For tomorrow it would need to break strongly above $34.35 to signal the move upward. Ideally we see all the way past $35.29.
Otherwise, we are coming back to the red trendline and then the squeeze is strong next week.
I am a super amateur, do not trade based on my advice. Any good ideas are just luck at this point! :)
Tomorrow and next week i'll be watching to see if it breaks above flag or moves down to the weekly trend line.
I believe it WILL break out, just a question of tomorrow or end of next week?
For tomorrow it would need to break strongly above $34.35 to signal the move upward. Ideally we see all the way past $35.29.
Otherwise, we are coming back to the red trendline and then the squeeze is strong next week.
I am a super amateur, do not trade based on my advice. Any good ideas are just luck at this point! :)
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