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STORM is setting up for a strong break out.
Lots of bullish indicators for STORM here.
- Rising volume (lots of buy side pressure.)
- Strong accumulation on OBV with a potential cup and handle
- Swing low failure on RSI with strong momentum shift to the upside.
- I'll be targeting the 161.8% extension which should line up with the 200MA.
- Stop is below the swing low, but if you want to open it up, i'd place it under wedge support.
- Rising volume (lots of buy side pressure.)
- Strong accumulation on OBV with a potential cup and handle
- Swing low failure on RSI with strong momentum shift to the upside.
- I'll be targeting the 161.8% extension which should line up with the 200MA.
- Stop is below the swing low, but if you want to open it up, i'd place it under wedge support.
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