Model from the backlink is below.
These triangles can be pretty tricky and this one gapped up again to break out to a higher high per below. I saw the unicorn horn pop at the open and the the fall back and so I think that a significant pullback awaits, perhaps to test the falling wedge from above. If this hits a higher high then I will get back in but more likely it breaks both top and bottom rail at this point on the way down.
2 comments:
Great play captain! I remember you got PLUG around 1.6ish around august and it became almost a double-bagger.
For the record, I am looking to re-enter plug as soon as I get a good EW setup. I think it could go exponential again like it has in the past.
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