Please see image for appropriate explanation.
In short, we have higher lows forming to represent a good uptrend.
My favorite part about this chart is the Hidden Divergence, and it looks strong.
With the price gap, R/R looks good. Luckily we aren't too late and and it looks
like we can still get a good entry on break of trendline.
My Objective Findings:
Be skeptical and think for yourself.
-Bullish
-Cup and Handle forming on higher time frames
-Head and shoulders on lower time frames
-200ma 30m in alignment with major resistance
-MACD most timeframes
-Gap in alignment
-no obstacles on weekly chart
Looking for break and retest of 200ma 30m
Manage risk and good luck!
