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
AMZN seems to be on its way to support – a possible opportunity?
AMZN is moving towards a support line. Because we have seen it retrace from this level in the…
NFLX reached 1185.06 after a 5.9% move spanning 3 days.
NFLX has moved lower by 5.9% from 1259.325 to 1185.06 in the last 3 days.
Resistance line breached by MSFT. This price has been tested at least twice before.
MSFT has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true,…