ABC Bulish
Possible stop under 12.8
T2: 31 36
Targets 2 are usually not reached until after targets one, then a substantial pull back occurs. They may never be reached at all depending on market conditions, overbought, news earnings etc. I always shoot for targets one then re-evaluate.
Good idea to look back. Has the stock been in a long term uptrend on 20 year monthly? If so, chances are it will resume it's uptrend
Not a recommendation
The farther you can look back, the further you can see forward
T2: 31 36
Targets 2 are usually not reached until after targets one, then a substantial pull back occurs. They may never be reached at all depending on market conditions, overbought, news earnings etc. I always shoot for targets one then re-evaluate.
Good idea to look back. Has the stock been in a long term uptrend on 20 year monthly? If so, chances are it will resume it's uptrend
Not a recommendation
The farther you can look back, the further you can see forward
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