Bull Warrior Stocks

[Soapy Bubbles]

Hey JD,

Not much to say. The chart is signaling consolidation and I am thinking it'll channel above the high wave I circled. The thing here to check for is to see if the bottom of that high wave is a SUPPORT. If it backtests and fails, you're trapped.

The last candle is bullish (sort of) but the RSI doesn't show the strength I like to see. The STO is trying to bounce of 50 but is in a downtrend as well. So... I (if I traded it) would wait for a bottom to emerge and see if it holds until the BEGINNING of May. If so, I think early May is entry.

I THINK (*think*) the channel is from 485 to 575. I need more data to see.

Also, keep an eye if the candle can break over where the two long red candles meet. That's a weird area on the chart.