(1) An established exists.
(2) has diminished throughout the creation of the formation.
(3) The breakout will happen after 1/2 of the formation.
(4) We have at least 6 points touching our resistance and support lines total.
Since we have 3 touches to our on each, we should expect a breakout soon. I expect this breakout to be since we have so much support from the 50 and 200 , including support from the green support . I expect to reach the $272 as a price target.