If the price closes above $155
TARGET 1 - $221 (38.2 retracement of
Stoploss - $139 (break of the )
If the price closes below $155, remain neutral.
Target is $205 before a pullback. After this the price may head down to retest the EMA26 at 167, if it were to close below this on the daily the trade is invalid and I would take profits ASAP
Breakout positive volume momentum is starting to wane. We may need to retest the EMA26 at some point ($167)