the first chart is the weekly data
I have arrowed the cup handles from which this has broken out previously.
As it is currently trading in the Highest % tics on the board at the moment it is not likely to break free without a lot of daytrading and manipulation
which is par for the course at this level.
Today closed on a potentialy bearish doji star. this will need confirmation of direction on monday. Other oscillators are also very high, signifying it is likely still overbought as well..
check your Fundamentals and hang tight imo..
wait for 12 to break before adding imo.
trending long in the medium term
will require short term patience.
I would say tight stops but there is no such thing at these high gain/risk levels.
john![]()
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