You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 155.6057 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
Is the extremely large movement on AAPL a sign of things to come?
AAPL has moved higher by 16.98% from 172.81 to 202.15 in the last 9 days.
Will AVGO break through the support level it tested before?
AVGO is moving towards a line of 164.9200 which it has tested numerous times in the past. We…
PYPL experienced 4 consecutive 4 hour bearish candles to reach a price of 60.2700
Trend followers are probably eagerly watching PYPL to see if its latest 4 consecutive candles continues. If not,…