A & E Double Bottom Pattern has formed on GU on the hourly chart. Wait for the price to close above the peak of the two valley's. Stay conscious of the news tomorrow as it could be a big day. A & E Double Bottoms can break the peak and then form a cup and handle pattern, when price breaks the handle it will be a strong bullish move.
-Wait for news tomorrow
-If price cannot break the peak, look to sell if a bullish engulfing candle forms and closes below the DB
-Wait for news tomorrow
-If price cannot break the peak, look to sell if a bullish engulfing candle forms and closes below the DB