TaPlot

$DIOD Potential Breakout Setup

Long
NASDAQ:DIOD   Diodes Incorporated
$DIOD has a nice volume pattern while working to potentially breakout into ATHs.
The shakeout around its 50 MA couple weeks back is an added bonus to the setup.
Would like to see it head back up to that supply line with quiet small candle days to setup a low risk entry.

✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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