Well, looks like holding onto the long position yesterday paid off surprisingly well today. We climbed through yesterday's open, the 8ema, the 3ema, the 20sma, all the way to the 34ema (Blue-green color downward line at today's high. For a description of all the colored lines on my charts please see jmstweets.blogspot.com/2015/04/my-standard-chart-indicators.html.), and we closed above all of them.
Unfortunately, today's candle combined with yesterday's candle do not form a buy signal. However, we do have all the other indicators on the original post in this thread. And, if we continue up from here, then yesterday's low forms a higher low than the previous swing low on 5/18/20 at 493 3/4. This could be very bullish, if we don't make a lower low before hitting our target.
So we leave our position in a better condition today than we did yesterday, and with more expectation for a successful outcome.
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