okay, last chart for the night! QRTEA looks pretty coiled on this ascending triangle chart pattern. if you by the breakout, make sure you take profits around $12. Strong resistance there. Nice setup with the breakout clearing 3 major inflection points (ascending triangle resistance, 200 day MA, and round number $10).
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot ✔ YouTube channel youtube.com/@taplot
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.