If it takes out the 28 high, then next resistance is 32 and then 40. All i can say is ranges repeat time and time again, but keep moving the stops up and lock in profits ??
See the last bottom at 15 would have been hard to take at 15 becasue indicators were pointing lower, however the 4 hourly chart was say BUY BUY. If a share has momentum , either swing trade it or use a smaller time frame chart, otherwise you will play catch up to price and expose greater risk ??
For example, have a look at a DJIA daily chart right now - Not so pretty ???? But have a look at the 4 and 1 hourly charts and you might see a different picture.
