SAND Looks Ready to Breakout!

Von stewdamus
Traders,

SAND is in prime position to move even higher than it already has these past few weeks. I haven't entered this trade yet but may soon pending these occurrences:

  • I want to see a move above the 200 day ma with confirmation
  • I want to see a break above the red descending TL
  • I want to see a move above the Ichimoku cloud


What we have:

  • A breakout of the triangle in Logarithmic View. Click the "Log" text in the bottom left corner of the chart to see this view.


What I don't like:

  • RSI nearing oversold


Let me know in the comments if/when you decide to enter this trade.

Stew
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