Looking to buy a breakout above $15.45 (.618 fib level)
Why:
Stop is below 15.24 which is the .382 fib which almost lines up with the high on June 17.
Target is around $16.26 which is just under 1.618 fib level
Why:
- Uptrend
- Strong green close on Friday with high volume
- Low volume on the pull back, June 25 & June 26
Stop is below 15.24 which is the .382 fib which almost lines up with the high on June 17.
Target is around $16.26 which is just under 1.618 fib level
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