Unresolved Triangle
Updated
Unresolved (Blue) Triange, with small potential short term channel (Black) emerging inside . My guess is retest $15.15 with sideways/consolatory movement afterwards. Price should respect both Triangle and the Channel until fed hike decision time in March, with breakout potential.
Note
2 months later, resistance still holds at $15.80, support $15.25.Note
had some adjustments but still looking solid. I am expecting a pullback to $17.40 but im not trying to scalp or short. Only looking for buying opportunities on dips. Looking for $22.50 as target End of Year
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