Awaiting consolidation of some sort to trade the breakout

١٧ يناير ٢٠١٦

GU is going nowhere. It seems that daily correction was broken to the downside. But if its really the case, we shouldn't have an ending diagonal like structure.
None the less, I will wait it out on this one. But awaiting some sort of consolidation to trade the breakout to either side. Most favorably to the upside.