Ask me afterwards.
Komentar:
First resistance area at 220 - may see a pull back and then a break of this wedge...
Komentar:
Just to be complete. We hit the upper band. I was long from the beginning of this call from $196 to $220, which was still a big %profit and got stopped by a trailing stop. We had the opportunity to break upwards but failed following confluence from the 55 ema (green line) and trend wedge. Upon breaking the downwards trend, one could have also gone short. Either way, profit was to available here if played correctly.