1/17/25 - RS: new BUY mechanical trading signal.

1/17/25 - RS: new BUY signal chosen by a rules based, mechanical trading system.

RS - BUY
Stop Loss @ 264.20
Entry BUY @ 288.06
Target Profit @ 323.11


Analysis:

Higher timeframe: Prices have stayed above the lower channel line of the ATR (Average True Range) Keltner Channel and reversed.

Higher timeframe: Victor Sperandeo's (Trader Vic) classic 2B BUY pattern...where the current lowest bottom breakout price is only slightly peaking lower than the preceding bottom price.

Higher timeframe: Price peaked below the ATR (Average True Range) breakout low and then reversed.