Seems a little quiet in the TA thread. I've taken a position...

Seems a little quiet in the TA thread. I've taken a position with the following observations:

1) Broke strong resistance at 10.40-10.50, which was tested 3 times
2) Large inverse complex H/S, with a nice horizontal neckline at 10.40-10.50 (also #1 above)
3) Continuation cup and handle, coinciding with right shoulder
4) Increase in vol on breakout on 20/05/19
5) Price above all MA, importantly, 50MA has acted as support twice in reversal so far

Targets:
1) Cup height @ 12.13
2) Previous ATH @ 12.52
3) Head height @ 15.25 <---- this one's a real stretch

Stops placed at a reasonable distance under neckline to allow for breathing space.

Good luck longs/shorts!