As yuo can clearly see, GHST has been ranging this descending paralled channel for well over a year now, top to bottom and back again! Just recently however, something different has happened..
We've had a significant breakout from this channel to the topside and now we've got a massive green bar indicating the potential for a bullish market starting.
There's a few layers of resistance above the current price, around 10%, 20% and 30% up. Which one are we targeting? We'd like to keep Trailing Stops reasonably tight on this and tick each target off as we get there!
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