RCE reached the Measured Target of the Falling Wedge yesterday. I was watching the break-away gap from the pattern and hesitated a little too long... and did not chase it. Well done to anyone who caught it. I would expect some consolidation/retracement here, but you never know. On technicals alone, I personally would be aggressively protecting some profit at this level, but giving it a small amount of room to continue if it wants to. The Target of the wedge could be seen as the upper boundary of a slightly larger (but a bit ugly) Rectangle information. If it retraces enough to give second touch more substance, I will look at entering a breakout of that level if it completes. GLTA
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