Can play this one a few different ways. I;d like to be a 5 day moving average pull back near descending trend line for bounce. One could also buy the break over horizontal resistance near 17.50.
Despite big fade today, closed above trendline for first time since last 2015. Wouldn't be surprised to see this squeeze higher.
50(SMA) slope still negative for now.
Despite big fade today, closed above trendline for first time since last 2015. Wouldn't be surprised to see this squeeze higher.
50(SMA) slope still negative for now.