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What I see... + Long lower shadow but pulled back to close above 10ma + Prices have been moving side way, within channel, in the past few days while hoovering around all-time high + High vol. today to close positive + MACD is bullish + RSI has just returned from overbought zone and turned upward again
- Bollinger Band is wide - Long upper shadow from today's trigger bar - MACD has just turned under the signal line - RSI is still too close to over-bought
How I setup... + Long entry once all time high resistance is breached - Stop at bottom of channel + Target at just under $1000 - round number resistance :: Duration - 1 to 3 weeks
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