I was doing some analysis on the 4 hr time frame and managed to square price and time on the daily. Following my opinion on the move down over the next few months I wanted to find some nice entries.
Now if you believe in market energy at all, throw in a little superstition, and have studied the cosmos.. watched a biology doco in your spare time and generally...
Wait until it breaks out of the pattern to determine upward or downward movement. 54% breakout upward. After breakout, watch for a busted reversal and jump on the swing for larger movement. The news also seems to be pointing to an upward breakout.
For upward breakouts, target price is $30.51.
For downward breakouts, target price is...