LSTR Bullish descending wedge formation break on large volume
Key points
1) Descending wedge formation is a bullish setup
2) Break of wedge formation occurred on down market day
3) Accompanied with large positive and increasing volume
4) Consider fib retracement levels as potential profit targets for this set up
1) Descending wedge formation is a bullish setup
2) Break of wedge formation occurred on down market day
3) Accompanied with large positive and increasing volume
4) Consider fib retracement levels as potential profit targets for this set up