This eventually has to break below this rising wedge.
If today closes strong, i would be willing to take this long tomorrow (as long as it doesn't open highly negative tomorrow). Expecting that it would go an test the top of the channel again;
Today or tomorrow however, it can fall below the bottom channel. In which case, i would not be taking the long.
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a close below 17.49 is a sell;
i bought it today unfortunately, and then it took a turn for the worse. I'm holding until i get the sell confirmation.
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Doing decent today; We will see a quick move soon; Its at its pivot point.
If it looks like it wants to close negative today, i will sell my positions. Could be a shake out, but i'm not risking it.
But i anticipate a quick move up towards low 20's
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So i didnt get liquidated yet; tomorrow is D day i believe; a big move in either direction;
Ideally, i should have waited for the confirmation of buy before i got into this; noob mistake.
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Has to close above 17.75ish for me not to sell.
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Got stopped out; its going to close below the support; so its either a shakeout or a major fall is upon us.
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So i do believe that the other day was a shakeout and this will attempt the upper end of the channel.