Here's a trade to keep on the radar.
There's a decent base that has formed this year and a current, bullish ascending triangle. I would consider this a but on an upside breakout around $2.18-$2.20. A stop could be placed inside the triangle around $2.04
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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