GREY:ISOLF - Post by User
Post by
CmoneyBmoneyon Jun 30, 2017 4:25pm
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Technicals Don't Lie
Technicals Don't LieThe breakout has begun. I pointed out yesterday that the technicals look solid both short term and long term. I think everyone wanted this to go up in a straight line from the start of the month BUT, this steady climb with consolidation periods is much healthier, and more sustainable.
The short term bullish pennant played out (Ndaloisi called it first) as well as, the cup and handle bullish formation. We broke the down trend in the handle and will now start the charge to 0.30 and beyond.
Im going to enjoy this long weekend but man am I excited for the markets to open back up on Tuesday!!
GLTA the longs! And tough luck to anyone who sold yesterday LOL ;)