PCZ of Gartley Hit with Bullish Breakout of a Diamond Pattern
Dean Foods has been ranging for a long time at this levels and has recently been showing many bullish signs. I first shared this find a few weeks ago but today things have gotten even better for the bullish argument. We not only hit the PCZ of a Bullish Gartley; We Bounced much higher off of that PCZ, High Enough to Breakout of a long Standing Supply line of a Diamond pattern and now, the Stochastic RSI Seems to want to cross bullishly from the oversold levels after many weeks and months of waiting.
If in the next few days we can maintain the momentum we have on this monthly candle and close above this diamond's resistance then i believe that much higher levels will be just around the corner for this asset.
If in the next few days we can maintain the momentum we have on this monthly candle and close above this diamond's resistance then i believe that much higher levels will be just around the corner for this asset.
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