What I saw: + Sideway move within channel in the past 10 days + Breakout signals fired in high vol. + MACD turning positive + Weekly chart painted a NR3 & NR7 combo with higher vol. - Upper shadows scattered whenever price reached resistance - Next Fib resistance is at $39.5 - Overall price has been in downward trend
My entry plan: Long above $38; Stop at low-$35; Swing trade with a target of $42.88