SWC bounced at confluence zone

26 באוג׳ 2016

Tested the breakout yesterday 8/24, bullish engulfing candle right at support from the previous breakout zone and rising trendline. Closed on a high in a not so positive overall tape showing very good relative strength. Can go long at current prices with a stop under the breakout zone about 12.50. Can see higher prices from here. Nice R/R to go long.