Rain Industries Ascending Triangle On the daily

Can be used to scalp and long/short on breakout either way after restest. SLs can be moved to nearest high or low after breakouts. Wait for shakeouts in either directions before making a decision. 10% moves in a either direction could be possible for shakeout and could last for a few weeks. This would lead to a very strong move in the opposite direction!

Yorum:

Broke through. Buy on retest of resistance turned support