As you see here we've been riding along this Uptrend resistance very nicely. We created a Triple Bottom but ended up consolidating a bit heading towards to the trend line, now that we are here the 2 things we need to look for is a cross over or Touch & Go.
If we do fall below the trend line we may see .28 again followed by a Consolidation phase heading into Wednesday afternoon, which would be a solid time to accumulate. Say we do a Tough & Go off the trend line we might get a nice push to test .40 early Wednesday morning.
If we do fall below the trend line we may see .28 again followed by a Consolidation phase heading into Wednesday afternoon, which would be a solid time to accumulate. Say we do a Tough & Go off the trend line we might get a nice push to test .40 early Wednesday morning.
