Back burner set up if pennant occursThis is a nice set up to play a potential pennant. We can see that it is in the processes of entering a tightening range and with all of the crazy with EV and the infrastructure demand I doubt this will break below and it may pay off to wait for price to come down to 7 or less if you're interested in getting in this company. Of course I'm not going to have my limit orders set but wait for clear signal when it reaches those levels on a lower timeframe before entering.
