Support and Resistance breakout box (Prototype)Pretty self explanatory, uses simple support and resistance as well as time resistance which influences the box's size. The time resistance zone is an area that we should see either a strong move, reversal, or even breakout. Either way this should be an interesting experiment.
We can honestly go either way, up because a golden cross looks to be occurring on the 4h, down because we got rejected off of resistance. Personally, I predict we'll break downward back the weekly 200MA or lower.
BOX
High probability of great upside in this tech stockI´ve been following BOX ever since I´ve watched the presentation by Chamath Palihapitiya at the Sohn Conference (on youtube). We now have a clear buy signal from a technical perspective.
Disclosure - Chamath Palihapitiya is probably my favorite tech analyst out there.