GASUSD PT $26, BULL PENNANT BREAK WITH RETEST

GASUSD has been consolidating hard since its short term highs on Feb 30th. We can see a clear trrend continuation with the break of this bull pennant. With highs an opening range of $17.70 and $7.31, we can take the measured move of the pennant and see our PT of roughly $24-$26.


Here we can see the volume increase on breakout, another confirmation signal of a real break of this pennant.