Today's close made a lot of sensee.
The breakout took us back inside the long-term trending up channel, and finished in a tidy spot.
We closed right beneath the upper bollinger band, and right above the support line. The upper bollinger band providing too much resistance, and with 3 points of contact (now 4) the support line served as -- you guessed it, "support". The result = today's close.
Cheers.
By doing the "pump" that was yesterday's action, this hopefully strategically allows us from a technical analysis perspective to use the support going up and hopefully continue in the channel.
2021 Charts, page-2860
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