This was a speculative trade posted Monday April 4th. TIV still looks good and appears to b prepping for a breakout from the triangle base.
The base with excellent volume for the pattern...
15 min. 3C continues to rise
Positive divergence on the 5 min chart...
And positive on the 1 min chart.
A breakout will occur at roughly $.65-.66 so this is a speculative trade, but it's held up well this week while it appears that it continued to accumulate which would imply a larger breakout move.
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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