Looks like a small breakout ahead. Either a spike to 475 for a short entry, or a spike down to 425.
But I won't be taking a long from 425. Looking to accumulate long positions from $405, $360 or lower. If there's a pop downwards from $400, things may get messy, but my guess is that it'll also not last for very long.
If we get to ~475 from this triangle, I'll be looking for a short.
Thoughts?
But I won't be taking a long from 425. Looking to accumulate long positions from $405, $360 or lower. If there's a pop downwards from $400, things may get messy, but my guess is that it'll also not last for very long.
If we get to ~475 from this triangle, I'll be looking for a short.
Thoughts?