- Broke out of desc triangle (bullish)
- needs to hold over 100 on this current retest. Break above 110 confirms bullish pattern.
- price target is at rectangle, and blue lines are resistance levels and potential future support. Expect buying and selling at those blue lines and retracement to moving averages on the climb up.
- Criminally sold off and gave back...
- Covid Rebound Play
- Currently around bottom of parallel channel, stop loss at 42.5
- Can push to low 53's
- Will be in this parallel chop until further recovery.
- indicators bullish at the moment
- breakout from downward channel (looking overbought, if holds above breakout this will inch forward thru fib levels.
- good volume, indicators bullish
- wait for pull back, very strong push up the past couple days, will retest around 19ish 20 before next leg up to .786 fib level.
