DJT Falling Wedge Breakout

10月27日

This breakout on DJT could prove to be significant, it had been forming a falling wedge since about six months ago. It closed last week right at a horizontal level that has been important all year. It will be interesting to see which side it opens on tomorrow. I'd look for a break above 38.65 and a retest for a long, or a long on the retest of the falling wedge if it rejects.