The Big Picture

As you see - bullish.

Trade active

Also, golden cross soon on the daily.

Note

For my own amusement, to see if I'm getting any better at this, I'm going to make a prediction. This wedge will...

Break out to ~207, and
Consolidate to ~194,

maybe.

Note

Okay, here's my doubt: what if it needs to touch or break that green trend line. Then our wedge will have to break down, but then we'll go up again, so... Longterm still bullish.

Note

Here's the daily chart. You can see where it seems probable we could break down out of the wedge and bounce up off of the 200 day ema. The cross is coming, maybe by the end of the month.

Note

Okay, it dipped to the green trend line. LOOK AT MY CHART. Look what happens EVERY TIME after it dips to or below the green trend line. I'm in.

Note

So, I'm expecting it to spike up to about 171 draw back to the green line and then up to the 194 to 207 range.

RootDigger

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