Storm preparing for breakout?
Updated
I was checking storm and there might be some indicators telling that STORM wants to bounce up.
It is currently back at 61,8 retrace level. Als a cup and hadle has formed. Is this STORM telling is that it is ready to start a new uptrend.
Let me know your thoughts. This is just my first experiment on TV. And love to hear and learn from all of you.
It is currently back at 61,8 retrace level. Als a cup and hadle has formed. Is this STORM telling is that it is ready to start a new uptrend.
Let me know your thoughts. This is just my first experiment on TV. And love to hear and learn from all of you.
Trade active
so far this is working out nicely, already did 4 trades within this range all good for profits between 4% and 12% each. my buy ins where around 117 - 122, and sold at 127 -132 levels.It starting to look like it wants to break out the channel at this moment. I will keep watching this one. I use a trailing buy set up to buy in again at the retrace of last peak. My sell targets will be at 150 and 170.
Good luck!
Note
STORM is just going strong, amazing push up lately, locked some profits, and will use the 135-140 range to reload.
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