Ascending triangle breakout to the top. Possible retest on 20.18 but a solid likelihood to continue breaking higher. Hopefully the whole Trump Cohen situation doesn't screw with the market too much. SPX just hit ATH today.
Coming down to test 30.21 for the first time. Long term uptrend line is still holding. Confident that it'll hit 34.33 as first target. RSI showing a little oversold situation right now. LONG WITH ME BOYS
obv steel trade tariffs are still a concern but I think it should be already priced in. So there is a risk to this trade.
Decent earnings but not good enough to break the falling wedge. Instead, it fell to retest it. I lean bullish but falling below the key 191 area will be dangerous.
Beautiful setup.
Target at 35.
Stop loss below 33.09
Looking to break the trend line and hit 35. Earning report is on the 8/1.
Will close position whichever comes first, 35 or earnings report
