The bigger pattern looks a bit toppy due to the latest pullback erasing the entire last wave up. Still a big uptrend though and potentially upside momentum left.
The price also had a false breakout below the March low. That's short-term bullish.
Using conservative target for this one, but can also use ATR Stops--Wait for a daily close below, then move the stop loss to just below that low.
The price also had a false breakout below the March low. That's short-term bullish.
Using conservative target for this one, but can also use ATR Stops--Wait for a daily close below, then move the stop loss to just below that low.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/