Breakout from strong bull pennant pattern (MOONSHOT 101)

Caught this one at the bottom of a huge falling wedge. Entry almost couldn't of been better. Price consolidated into huge bull pennant, and has broken out on high volume, cruising through the old resistance at the consolidation high. Next target is to break through the previous flagpole high. The sky may be the limit on this one.

Trade ist aktiv:

Breakout is in full effect. MACD cross and 5/20 DEMA cross imminent on weekly time frame. Watching closely for a small pullback to 0.085 support on 4hr time frame.

Kommentar:

Trade geschlossen: Ziel wurde erreicht:

Ended up closing at around 30% gain overall.