It just broke major resistance from the past year.
After 9 months, it’s finally broken above resistance.
After trading in a sideways range over the past several months, it just broke its resistance barrier.
In short, shares seemed to have formed an up-channel.
It’s been consolidating over the past several weeks and just broke above its 52-week high resistance barrier.
It currently sits just below resistance. A solid close above it should lead to another leg higher.
It’s once again nearing resistance. A long trade could be entered on a hold above that level.
The action is confirmation of a head and shoulders (H&S) reversal pattern…
Shares are approaching a major level of support…
In short, it now looks ready to rally up to a key level of resistance again…