looking at price action on comcast from the election in 2016 on the daily time frame. I have plotted a bullish cypher which price has obeyed pretty well. This is not the best of the patterns in terms of R/R, but thats why its our jobs as traders to understand that and position accordingly.
My game plan is to get long here under todays high if possible and position for a stop just below the November low. 1st target at 37 second, 2nd @ 40.
My game plan is to get long here under todays high if possible and position for a stop just below the November low. 1st target at 37 second, 2nd @ 40.