We closed above one of the 2 Trend Lines but not the other. We made a higher high and a higher low. Stochastics are still mid-range. Looks like we might be forming a Double Bottom. All in all, you have to say we're on a Bullish track.
The next hurdle is closing above the other Trend Line, then above the 50sma, and the final obvious possible source of resistance is the 200sma. Between the 50sma and 200sma, there's a previous swing high at 49.60. That's another possible source of resistance.
It looks like it might be very difficult to get to any of the Gartley pattern targets, but this pattern has a high success rate. So, we're in the fight and we'll keep holding until there's a good reason to exit.
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