As expected we broke out on the 1st. to the top of the symmetrical triangle we've been in. We got a 4th retest on that line of resistance established by the peak on Feb. 12th as well as another confirmation at that midline support that has proved very solid, which is also the 4hr 200 EMA which has been important for ALGO since December.
Looking for a slow push up and a testing of our old lateral support at $1.36 over the next few days.
Looking for a slow push up and a testing of our old lateral support at $1.36 over the next few days.