Monday, June 19, 2017 1:10:19 AM
Yes, a buy out would change things, that is the one set back about trading chart patterns, can easily miss a big gapper. But that's the risk I take.
I can't watch the charts all day, so I am hoping to see a trend break on the daily chart. My concern is that every time a nice green candle forms, it doesn't follow through the next day.
The 60 minute chart does have a nice Ichimoku cloud set up with a possible bounce off the .305 support, but I would take profits at the .37-.39 area.
I would probably hold some just in case it breaks that down trend line around .40 on the daily chart
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