Short-term short, but this has been an extremely strong uptrend.
I would open a long position if...
1. It closes on the weekly over the resistance line.
2. It gets close to the 100 week EMA
Remember this is a weekly chart so things don't count until it nears a close on fridays.
I would open a long position if...
1. It closes on the weekly over the resistance line.
2. It gets close to the 100 week EMA
Remember this is a weekly chart so things don't count until it nears a close on fridays.