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 19.9869 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
GOOGL – breach of price line that’s been previously tested numerous times before
A strong support level has been breached at 190.1200 on the 30 Minutes GOOGL chart. Technical Analysis theory…
AMD formed a Falling Wedge on the 4 hour chart. Retest of support in sight.
AMD is heading towards the support line of a Falling Wedge and could reach this point within the…
Important price line breached by TSLA. This price has been tested numerous times before.
A strong support level has been breached at 415.0000 on the 1 hour TSLA chart. Technical Analysis theory…