breakout?

1:13pm

I think we have a take the line already.  the most possible scenario is that we hang around the line for a while and move up sharply.  However, it could be false breakout since traps are here and there in the markets.  it could be a buy with a tight stop here.

One more thing, i mentioned we have 6 unfilled gaps below and today’s one should not hold.  in the climax run stage, while is usually the end of a intermediate bull phase, this happens.   people jump in afraid they are going to miss the train.  the stock left over to the last dumb…

 

 

1:04pm

by the way, if this cup & handle pattern breaks out, the target is 95 region.

 

1:00pm

It’s going to quite bullish if we break out from here.  We have to be flexible in trading.  if we can not beat them, then join them… right ? :)