Looks like ETAC has broken the supply line coming off the highs in mid January. Bullish divergence playing out on the daily chart here and we are above a historical iceline with an RSI with plenty of room to run.
I wouldnt rule out a retest but with the stop where its at i think youd be safe. You could even move it underneath the bullish engulfing candle looking left there, depending on your taste.
10.47 is where im looking to take some profits, adjust my step and re-evaluate the chart.
I wouldnt rule out a retest but with the stop where its at i think youd be safe. You could even move it underneath the bullish engulfing candle looking left there, depending on your taste.
10.47 is where im looking to take some profits, adjust my step and re-evaluate the chart.