Island type Reversal pattern on Abnormal Volume
New 30bar Highs on 2period ROC
Climactic action and supple demand imbalance
Longer term Wolf wave pattern on Weeklys and Daily’s
Signals:
Terminal flag in Trading range - 3 bottom Buy Divergence on decreasing supply & Increasing demand. Four Month Non Climactic accumulation pattern
Entry 2.83
1st target $3
2nd Target $3.25-3.30
3rd Target Retest of 52W Highs
Stop Loss- $2.75
**May re-enter on Buy Stop above $3 if stopped out
