Outdoor Holding Company
Largo
Actualizado

Falling wedge breakout with backtest

235
Falling wedge breakout with backtest. Targeting top of the wedge and then $14. Sitting right at entry extremally oversold and showing resilience to the overall market weakness. Overall bullish trend (higher lows) and potential cup with handle.

Entry: 7.40
PT1: 10,00
PT2: 14.00
SL: 6.45
Nota
disappointing couple of days but nothing to worry about yet, safe above 6.40 and anything above 5.80 is still a higher low anyways
Nota
let's hope this is a double bottom on smaller timeframes

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