This stock now is in the shooting range, we assume there is two ways, and both of them can be exploited.
1. if the price slumps and break the channel, we would wait for the test and sell it again.
2. if the price holds by this channel, and move inside the channel, sooner or later, there would be a higher high, and the perfect area for selling is 112-120 zone. we will watch the price action and ready for selling it.
1. if the price slumps and break the channel, we would wait for the test and sell it again.
2. if the price holds by this channel, and move inside the channel, sooner or later, there would be a higher high, and the perfect area for selling is 112-120 zone. we will watch the price action and ready for selling it.